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Credit Suisse downgraded Hermes (UNKNOWN:HESAY) from Outperform to Neutral in a report released earlier today.

Credit Suisse has downgraded Hermes(UNKNOWN:HESAY) from Outperform to Neutral in a statement released on 9/16/2016.

Boasting a price of $39.43, Hermes (UNKNOWN:HESAY) traded 1.06% lower on the day. The last stock close is up 3.30% from the 200-day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Hermes has been tracking to a 50-day moving average of $43.37 and 200-day moving average of $38.17. 1,211 shares of Hermes traded, down from ann avg. volume of 8,872

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Hermes has a one-year low of $31.57 and a 52 week high of $45.30 with a price-earnings ratio of 38 and has a market capitalization of $0.0.

Brief Synopsis About Hermes (UNKNOWN:HESAY)

Hermès International société en commandite par actions, together with its subsidiaries, engages in the production, and retail and wholesale distribution of goods worldwide. The company offers silk and textiles, and ready-to-wear garments for men and women; leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, equestrian products, and clothing; accessories, including jewelry in enamel, horn, lacquered wood, and leather, as well as belts, gloves, and hats; art of living products comprising furniture and lighting, furnishing fabrics and wallpapers, decorative objects, and tableware; fragrances; and watches. It also engages in the purchase, tanning, dyeing, and finishing of skins; and weaving, engraving, printing, dyeing, and finishing of textiles. The company sells its products through a network of 307 retail outlets. In addition, it sells watches, perfumes, and tableware through networks of specialized stores and in airport duty-free stores. Hermès International société en commandite par actions was founded in 1837 and is headquartered in Paris, and France. Hermès International Société en commandite par actions operates as a subsidiary of H51

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