In a report released today, Nick Anderson CFA from Berenberg Bank maintained a Buy rating on Hermes International, with a price target of €2,600.00. The company’s shares closed yesterday at $2,512.90.
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Anderson CFA covers the Consumer Cyclical sector, focusing on stocks such as LVMH Moet Hennessy Louis Vuitton, Nike, and Hermes International. According to TipRanks, Anderson CFA has an average return of -3.7% and a 38.46% success rate on recommended stocks.
Currently, the analyst consensus on Hermes International is a Moderate Buy with an average price target of $2,818.85, which is a 12.18% upside from current levels. In a report released on October 10, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a €2,359.00 price target.
The company has a one-year high of $3,015.81 and a one-year low of $2,049.20. Currently, Hermes International has an average volume of 426.
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