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HENNES & MAURITZ AB (OCTMKTS:HNNMY) was upgraded by HSBC from a “neutral” rating to an “overweight” rating in a research note issued on Thursday, American Banking News reports.

HENNES & MAURITZ AB (OCTMKTS:HNNMY) opened at 8.69 on Thursday. HENNES & MAURITZ AB has a one year low of $6.30 and a one 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 $71.913 billion and a P/E ratio of 27.41.

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