H & M Hennes & Mauritz (STO:HM.B) Given a SEK 130 Price Target by Sanford C. Bernstein Analysts

H & M Hennes & Mauritz (STO:HM.B) has been given a SEK 130 price target by research analysts at Sanford C. Bernstein in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock.

Several other research firms have also recently weighed in on HM.B. Credit Suisse Group set a SEK 121 price objective on H & M Hennes & Mauritz and gave the stock a “sell” rating in a research report on Thursday, July 2nd. Royal Bank of Canada set a SEK 150 price objective on H & M Hennes & Mauritz and gave the stock a “neutral” rating in a research report on Monday, June 29th. UBS Group set a SEK 133 price objective on H & M Hennes & Mauritz and gave the stock a “neutral” rating in a research report on Tuesday. Morgan Stanley set a SEK 90 price objective on H & M Hennes & Mauritz and gave the stock a “sell” rating in a research report on Monday. Finally, Kepler Capital Markets set a SEK 185 target price on H & M Hennes & Mauritz and gave the stock a “buy” rating in a report on Monday, June 29th. Five analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of SEK 147.83.

The stock’s 50-day moving average price is SEK 144.90 and its 200-day moving average price is SEK 159.12. H & M Hennes & Mauritz has a fifty-two week low of SEK 129.22 and a fifty-two week 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.

Further Reading: Understanding dividend yield and dividend payout ratio

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

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