Hermes International (OTCMKTS:HESAY) Stock Rating Lowered by UBS Group

Hermes International (OTCMKTS:HESAY – Get Free Report) was downgraded by research analysts at UBS Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday, MarketBeat.com reports.

A number of other equities research analysts also recently weighed in on the stock. HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Zacks Research upgraded shares of Hermes International from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Rothschild & Co Redburn downgraded shares of Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. Finally, Royal Bank Of Canada lowered Hermes International from an “outperform” rating to a “sector perform” rating in a report on Tuesday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Hermes International currently has an average rating of “Hold”.

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Hermes International Stock Performance

Shares of HESAY opened at $143.15 on Monday. Hermes International has a 12 month low of $142.33 and a 12 month high of $265.89. The stock has a fifty day moving average price of $170.05 and a 200 day moving average price of $183.56.

About Hermes International

(Get Free Report)

Hermès International is a French luxury-goods company known for its craftsmanship, distinctive design and long-standing heritage. The business was founded in Paris in 1837 by Thierry Hermès as a harness and saddlery workshop, and it has evolved into a global luxury brand while retaining a strong connection to artisanal production.

The company offers a broad range of products, including leather goods and saddlery, silk and textiles, ready-to-wear clothing, footwear, fashion accessories, jewelry, watches, fragrances, beauty products and home furnishings.

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