Hermes International (RMS)

Index:

CAC 40

  2,377.64
   
  • Change Today:
     -17.36
  • 52 Week High:  2,839.00
  • 52 Week Low:  1,896.00
  • Currency: Euro
  • Shares Issued: 105.57m
  • Volume: 26,145
  • Market Cap:  251,005m
  • Beta: 1.22

Barclays initiates coverage of 11 luxury stocks after de-rating

By Michele Maatouk

Date: Wednesday 22 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.
The bank said it's a secular growth and high-quality sector that has been trading at all-time highs, but the recent de-rating presents a "buying opportunity".

Barclays stated Swatch, Prada, LVMH, Richemont and Kering at 'overweight'. Meanwhile, Hermes, Moncler, Mulberry and Burberry were started at 'equalweight'. Tod's and Ferragamo were started at 'underweight' .

The bank said its preferred names are Swatch and LVMH, while its least preferred is Tod's.

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RMS Market Data

Currency Euro
Share Price   2,377.64
Change Today   -17.36
% Change -0.73 %
52 Week High  2,839.00
52 Week Low  1,896.00
Volume 26,145
Shares Issued 105.57m
Market Cap  251,005m
Beta 1.22

What The Brokers Say

Strong Buy 8
Buy 10
Neutral 7
Sell 0
Strong Sell 1
Total 26
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 03-Jun-2025

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16:53 15 @  2,378.00
16:53 7 @  2,378.00

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