logo
#

Latest news with #JamesGrzinic

Hermes International (HESAF) was downgraded to a Hold Rating at Jefferies
Hermes International (HESAF) was downgraded to a Hold Rating at Jefferies

Business Insider

time14-07-2025

  • Business
  • Business Insider

Hermes International (HESAF) was downgraded to a Hold Rating at Jefferies

Jefferies analyst James Grzinic downgraded Hermes International to a Hold today and set a price target of €2,460.00. The company's shares closed last Friday at $2,863.90. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Grzinic covers the Consumer Cyclical sector, focusing on stocks such as Compagnie Financiere Richemont SA, Hermes International, and Ferrari. According to TipRanks, Grzinic has an average return of 3.9% and a 56.82% success rate on recommended stocks. Hermes International has an analyst consensus of Moderate Buy, with a price target consensus of $3,103.90.

Burberry gains as brokers raise targets ahead of Q1 results
Burberry gains as brokers raise targets ahead of Q1 results

Fashion Network

time26-06-2025

  • Business
  • Fashion Network

Burberry gains as brokers raise targets ahead of Q1 results

Burberry shares rose on Wednesday as brokerages turned relatively upbeat on the British luxury brand before its first-quarter trading statement on July 18. Jefferies and HSBC both raised their target prices for the company's shares before the results. 'Q1 sales should confirm the brand's newfound (relative) resilience,' Jefferies equity analyst James Grzinic said in a note. Barclays said it expects retail comp sales to be down 4% in the first quarter of the 2026 financial year, improving slightly versus the fourth quarter of 2025, driven by 'easier comps and gradual brand heat improvement.' By 10:30 a.m. GMT, Burberry shares were up 5.7% at 10.71 pounds. Shares are up 9.6% this year, compared to a 5.5% fall for the STOXX Europe Luxury 10. © Thomson Reuters 2025 All rights reserved.

Burberry gains as brokers raise targets ahead of Q1 results
Burberry gains as brokers raise targets ahead of Q1 results

Fashion Network

time25-06-2025

  • Business
  • Fashion Network

Burberry gains as brokers raise targets ahead of Q1 results

Burberry shares rose on Wednesday as brokerages turned relatively upbeat on the British luxury brand before its first-quarter trading statement on July 18. Jefferies and HSBC both raised their target prices for the company's shares before the results. 'Q1 sales should confirm the brand's newfound (relative) resilience,' Jefferies equity analyst James Grzinic said in a note. Barclays said it expects retail comp sales to be down 4% in the first quarter of the 2026 financial year, improving slightly versus the fourth quarter of 2025, driven by 'easier comps and gradual brand heat improvement.' © Thomson Reuters 2025 All rights reserved.

Burberry gains as brokers raise targets ahead of Q1 results
Burberry gains as brokers raise targets ahead of Q1 results

Fashion Network

time25-06-2025

  • Business
  • Fashion Network

Burberry gains as brokers raise targets ahead of Q1 results

Burberry shares rose on Wednesday as brokerages turned relatively upbeat on the British luxury brand before its first-quarter trading statement on July 18. Jefferies and HSBC both raised their target prices for the company's shares before the results. 'Q1 sales should confirm the brand's newfound (relative) resilience,' Jefferies equity analyst James Grzinic said in a note. Barclays said it expects retail comp sales to be down 4% in the first quarter of the 2026 financial year, improving slightly versus the fourth quarter of 2025, driven by 'easier comps and gradual brand heat improvement.' © Thomson Reuters 2025 All rights reserved.

Burberry gains as brokers raise targets ahead of Q1 results
Burberry gains as brokers raise targets ahead of Q1 results

Fashion Network

time25-06-2025

  • Business
  • Fashion Network

Burberry gains as brokers raise targets ahead of Q1 results

Burberry shares rose on Wednesday as brokerages turned relatively upbeat on the British luxury brand before its first-quarter trading statement on July 18. Jefferies and HSBC both raised their target prices for the company's shares before the results. 'Q1 sales should confirm the brand's newfound (relative) resilience,' Jefferies equity analyst James Grzinic said in a note. Barclays said it expects retail comp sales to be down 4% in the first quarter of the 2026 financial year, improving slightly versus the fourth quarter of 2025, driven by 'easier comps and gradual brand heat improvement.' By 10:30 a.m. GMT, Burberry shares were up 5.7% at 10.71 pounds. Shares are up 9.6% this year, compared to a 5.5% fall for the STOXX Europe Luxury 10. © Thomson Reuters 2025 All rights reserved.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store