Hermes International (OTCMKTS:HESAY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Hermes International (OTCMKTS:HESAY) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

A number of other equities analysts have also recently commented on the company. Barclays cut Hermes International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. DZ Bank raised shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Hermes International Stock Down 2.9%

OTCMKTS:HESAY opened at $246.00 on Monday. Hermes International has a 52 week low of $232.01 and a 52 week high of $303.00. The stock’s fifty day moving average is $249.53 and its two-hundred day moving average is $250.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.65 and a current ratio of 4.50.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.