RMS

FR0000052292

Apparel & Accessories

Market Closed - Euronext Paris Other stock markets 11:35:18 2023-11-29 am EST			Pre-market 02:00:05 am
1,897.00 ^EUR	-0.77%		1,899.30	+0.12%

Nov. 28	European Equities Close Mostly Lower in Tuesday Trading; Luxury Goods Slump, Rolls Royce Gains	MT
Nov. 22	European Equities Close Mostly Higher in Wednesday Trading; Consumer Confidence Rises, But Still Below Average	MT

HERMES : Gets a Neutral rating from Morgan Stanley

September 26, 2023 at 04:39 am EDT

Initially Neutral on the company, Morgan Stanley's analyst Edouard Aubin maintained his recommendation. Previously set at EUR 2080, the target price is lowered to EUR 2000.

Latest news about HERMES INTERNATIONAL

European Equities Close Mostly Lower in Tuesday Trading; Luxury Goods Slump, Rolls Royce Gains	Nov. 28	MT
European Equities Close Mostly Higher in Wednesday Trading; Consumer Confidence Rises, But Still Below Average	Nov. 22	MT
HERMES : UBS keeps its Buy rating	Nov. 21	ZD
Exclusivity the name of the game as luxury firms target China's wealthiest for growth	Nov. 17	RE
European Equities Close Lower in Friday Trading; UK GDP Stagnant in Q3	Nov. 10	MT
HERMES : Barclays reaffirms its Buy rating	Oct. 30	ZD
Hermès Opens Refurbished US Store in Chicago	Oct. 27	MT
Hermès Opens Another Store in Chengdu, China	Oct. 26	MT
Hermès Opens Refurbished Store in Sapporo, Japan	Oct. 26	MT
Oddo BHF Keeps Hermès International at Neutral, Trims PT	Oct. 25	MT
HERMES : Deutsche Bank remains Neutral	Oct. 25	ZD
UBS Maintains Hermès International at Buy, Lifts PT	Oct. 25	MT
MORNING BID EUROPE-China spends, eyes on whether Europe lends	Oct. 25	RE
HERMES INTERNATIONAL : Double-digit growth across all regions	Oct. 24
Luxury Companies' Results Are a Mixed Bag Amid General Sector Slowdown -- At a Glance	Oct. 24	DJ
European Equities Close Higher in Tuesday Trading; Eurozone Sees 5th Straight Month of Contraction	Oct. 24	MT
US, European bellwethers best expectations, boost investor confidence	Oct. 24	RE
French Shares Gain on Hermès' Solid Q3 Update, Private Sector Economy Recovery	Oct. 24	MT
Kering sales down 9% as luxury slowdown weighs on turnaround efforts	Oct. 24	RE
Global markets live: Puma, Unicredit, 3M, GE, Verizon, Dow, Nucor...	Oct. 24
HERMES : JP Morgan reiterates its Neutral rating	Oct. 24	ZD
HERMES : UBS reaffirms its Buy rating	Oct. 24	ZD
Hermès Open to Supply Chain Investments in Italy	Oct. 24	MT
French Stocks Flash Green as Business Activity Slowdown Eases	Oct. 24	MT
Hermes open to investing in Italian fashion and shoe suppliers	Oct. 24	RE

Herm's International specializes in the design, manufacturing, and marketing of luxury products. Net sales break down by family of products as follows: - leather and saddlery goods (42.8%): purses, luggage, small leather goods, planners, writing items, saddles, bridles, riding objects and clothing, etc.; - clothes, shoes, and accessories (27.2%); - silk and textile products (7.2%); - clock and watchmaking articles (4.5%); - perfumes (3.9%); - other (14.4%): mainly jewelry and home decoration products. At the end of 2022, the group had a network of 300 stores. Net sales are distributed geographically as follows: France (9.2%), Europe (13.2%), Japan (9.5%), Asia/Pacific (47.9%), Americas (18.4%) and others (1.8%).

Sector

Apparel & Accessories

Calendar

2024-02-09 - Q4 2023 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

HERMES INTERNATIONAL : Double-digit growth across all regions

October 24, 2023 at 02:02 pm EDT

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Ratings for HERMES INTERNATIONAL

Trading Rating :

Investor Rating :

ESG Refinitiv :

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,897.00EUR

Average target price

1,963.60EUR

Spread / Average Target

+3.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Handbags & Luggage

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Handbags & Luggage

HERMES INTERNATIONAL

Equities

RMS

FR0000052292

Apparel & Accessories

HERMES : Gets a Neutral rating from Morgan Stanley

Latest news about HERMES INTERNATIONAL

Chart HERMES INTERNATIONAL

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for HERMES INTERNATIONAL

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Handbags & Luggage