Summary:
- Hermès (HESAY, Financial) plans a U.S. price increase starting in May to mitigate tariff effects.
- Analysts predict a 21.93% upside potential with an average target price of $324.32.
- GuruFocus estimates suggest a GF Value of $306.21, indicating a 15.12% upside from the current price.
Hermès (HESAY), the acclaimed French luxury brand, has announced its decision to raise U.S. prices beginning in May as a response to tariff impacts that are specifically affecting the American market. This price adjustment will be localized solely to the U.S., leaving other regions unaffected by these changes.
Wall Street Analysts Forecast
According to the one-year price targets proposed by two analysts, Hermes International SA (HESAY, Financial) is anticipated to reach an average target price of $324.32. The projections include a high estimate of $326.92 and a low estimate of $321.73. When compared to the current price of $266.00, these targets imply a notable upside of 21.93%. Investors can explore more detailed estimate data on the Hermes International SA (HESAY) Forecast page.
From a brokerage standpoint, Hermes International SA (HESAY, Financial) garners an average brokerage recommendation score of 1.5 from two firms, reflecting a "Buy" rating. This rating is derived from a scale ranging between 1 and 5, where 1 indicates a Strong Buy and 5 represents a Sell. Such ratings are valuable indicators for potential investors looking to understand Wall Street sentiment.
In terms of valuation, GuruFocus estimates that the GF Value for Hermes International SA (HESAY, Financial) in the next year will be around $306.21. This suggests a promising upside of 15.12% relative to the current stock price of $266. The GF Value is an insightful metric provided by GuruFocus, calculated by considering historical stock multiples, historical business growth, and future performance projections. Investors interested in more comprehensive data can visit the Hermes International SA (HESAY) Summary page for further insights.
