Kepler Capital Believes Hermes International (Other OTC: HESAF) Won’t Stop Here

By Austin Angelo

Kepler Capital analyst Jon Cox upgraded Hermes International (HESAFResearch Report) to Buy on October 15 and set a price target of EUR800.00. The company’s shares closed last Friday at $925.27, close to its 52-week high of $936.46.

According to TipRanks.com, Cox is a 1-star analyst with an average return of -2.6% and a 48.2% success rate. Cox covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Anheuser-Busch Inbev Sa, and Royal Ahold Delhaize.

Hermes International has an analyst consensus of Moderate Buy, with a price target consensus of $891.22.

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Hermes International’s market cap is currently $96.78B and has a P/E ratio of 78.10. The company has a Price to Book ratio of 13.49.

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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.