Hennes and Mauritz Upgraded by Credit Suisse to Outperform (HNNMY)
Hennes and Mauritz (NASDAQ:HNNMY) was upgraded by equities research analysts at Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued to investors on Friday, Stock Ratings Network reports.
Shares of Hennes and Mauritz (NASDAQ:HNNMY) opened at 8.74 on Friday. Hennes and Mauritz has a one year low of $6.08 and a one year high of $8.75. The stock’s 50-day moving average is $7.66 and its 200-day moving average is $7.18. The company has a market cap of $2.893 billion and a P/E ratio of 1.20.
Separately, analysts at Bank of America Corp. upgraded shares of Hennes and Mauritz (NASDAQ:HNNMY) from a “neutral” rating to a “buy” rating in a research note to investors on Monday, July 1st.
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