H & M Hennes & Mauritz (STO:HM-B) Share Price Crosses Below 200 Day Moving Average of $0.00

H & M Hennes & Mauritz AB (STO:HM-B) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as low as $168.42. H & M Hennes & Mauritz shares last traded at $169.58, with a volume of 827,646 shares.

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,700 ($22.21) price objective on shares of in a research report on Tuesday, June 18th. Goldman Sachs Group set a €148.00 ($172.09) target price on Airbus and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, Credit Suisse Group dropped their target price on Diplomat Pharmacy from $10.00 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 2nd. Three investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The company has an average rating of “Sell” and an average price target of SEK 137.80.

The stock’s 50-day simple moving average is SEK 155.90.

About H & M Hennes & Mauritz (STO:HM-B)

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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