Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $176.94, but opened at $172.24. Hermes International shares last traded at $172.59, with a volume of 6,891 shares trading hands.
Analysts Set New Price Targets
A number of research firms recently commented on HESAY. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Zacks Research raised shares of Hermes International from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Finally, Royal Bank Of Canada lowered Hermes International from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Read Our Latest Report on HESAY
Hermes International Stock Down 2.0%
Hermes International Company Profile
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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