Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.
A number of brokerages have weighed in on HESAY. Royal Bank Of Canada downgraded Hermes International from an “outperform” rating to a “sector perform” rating in a report on Tuesday, August 18th. HSBC cut Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Zacks Research raised shares of Hermes International from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th.
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Hermes International Stock Down 1.0%
About Hermes International
Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.
Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.
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