Hermes International (HESAF) Receives a Sell from Goldman Sachs

Goldman Sachs analyst Louise Singlehurst maintained a Sell rating on Hermes International (HESAFResearch Report) today and set a price target of EUR1,150.00. The company’s shares closed yesterday at $1,179.41.

According to TipRanks, Singlehurst is a 4-star analyst with an average return of 4.2% and a 55.00% success rate.

The word on The Street in general, suggests a Hold analyst consensus rating for Hermes International with a $1,306.61 average price target.

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The company has a one-year high of $1,949.92 and a one-year low of $982.88. Currently, Hermes International has an average volume of 167.

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Hermès International SCA engages in the provision of textiles and apparel. Its activities include manufacturing, sale, and distribution of apparel products, such as leather goods and saddlery; ready-to-wear clothing; footwear; belts; gloves; hats; silk and textiles; jewelry; furniture; wallpaper; interior fabrics; tableware; perfumes; and watches. The company was founded by Thierry Hermès on June 1, 1938 and is headquartered in Paris, France.

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