H & M Hennes & Mauritz (HM-B) PT Set at SEK 177 by Goldman Sachs Group

H & M Hennes & Mauritz (STO:HM-B) has been assigned a SEK 177 price target by equities researchers at Goldman Sachs Group in a research note issued to investors on Friday. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s price objective indicates a potential downside of 9.42% from the company’s previous close.

H & M Hennes & Mauritz (STO:HM-B) traded down SEK 1.70 during mid-day trading on Friday, reaching SEK 195.40. 3,291,270 shares of the company’s stock traded hands, compared to its average volume of 4,730,000. H & M Hennes & Mauritz has a 12 month low of SEK 187.60 and a 12 month high of SEK 276.90.

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About H & M Hennes & Mauritz

H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles.

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