Brokerages Set H & M Hennes & Mauritz AB (HM-B) Price Target at $132.50

H & M Hennes & Mauritz AB (STO:HM-B) has earned a consensus rating of “Sell” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is SEK 132.50.

HM-B has been the subject of a number of analyst reports. JPMorgan Chase & Co. set a SEK 110 price target on H & M Hennes & Mauritz and gave the stock a “sell” rating in a research report on Monday, April 1st. Goldman Sachs Group set a SEK 125 price target on H & M Hennes & Mauritz and gave the stock a “sell” rating in a research report on Monday, April 1st. Finally, Credit Suisse Group set a SEK 120 price target on H & M Hennes & Mauritz and gave the stock a “sell” rating in a research report on Tuesday, April 2nd.

Shares of HM-B stock opened at SEK 148.06 on Tuesday. H & M Hennes & Mauritz has a 1 year low of SEK 129.22 and a 1 year high of SEK 245.80.

H & M Hennes & Mauritz Company Profile

H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles.

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Analyst Recommendations for H & M Hennes & Mauritz (STO:HM-B)

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