Hermes International (HESAF) was Upgraded to a Buy Rating at Kepler Capital

Kepler Capital analyst Carola Holtz upgraded Hermes International (HESAFResearch Report) to Buy on January 13 and set a price target of EUR950.00. The company’s shares closed last Thursday at $1090.42, close to its 52-week high of $1104.16.

According to TipRanks.com, Holtz is a 3-star analyst with an average return of 3.0% and a 60.2% success rate. Holtz covers the Consumer Goods sector, focusing on stocks such as Royal Ahold Delhaize, Daimler, and Adidas.

Currently, the analyst consensus on Hermes International is a Moderate Buy with an average price target of $1035.75.

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The company has a one-year high of $1104.16 and a one-year low of $546.74. Currently, Hermes International has an average volume of 124.

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Hermès International SCA engages in the provision of textiles and apparel. Its activities include manufacturing, sale, and distribution of apparel products, such as leather goods and saddlery; ready-to-wear clothing; footwear; belts; gloves; hats; silk and textiles; jewelry; furniture; wallpaper; interior fabrics; tableware; perfumes; and watches. The company was founded by Thierry Hermès on June 1, 1938 and is headquartered in Paris, France.