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Hennes and Mauritz (NASDAQ:HNNMY) was upgraded by equities research analysts at HSBC from a “neutral” rating to an “overweight” rating in a research note issued to investors on Thursday, AnalystRatings.NET reports.

Hennes and Mauritz (NASDAQ:HNNMY) opened at 8.53 on Thursday. Hennes and Mauritz has a 1-year low of $6.30 and a 1-year high of $9.22. The stock has a 50-day moving average of $8.87 and a 200-day moving average of $8.24. The company has a market cap of $70.589 billion and a price-to-earnings ratio of 27.28.

Separately, analysts at Citigroup Inc. upgraded shares of Hennes and Mauritz from a “neutral” rating to a “buy” rating in a research note to investors on Friday, January 31st.

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