Hermès’ consensus price target was slightly reduced to €2,423 as analysts tempered expectations on growth catalysts and revenue momentum amid high valuations and potential macroeconomic headwinds.
Analyst Commentary
- Bearish analysts highlight a lack of identifiable catalysts to accelerate growth in the near term.
- Several maintain cautious or neutral stances due to limited upside given current high valuation.
- Bullish analysts, despite minor price target reductions, continue to see robust fundamentals justifying an overweight position.
- Some express concerns regarding macroeconomic headwinds potentially impacting luxury demand.
- Adjustments also account for tempered expectations around revenue momentum and operating leverage relative to previous forecasts.
Valuation Changes
Summary of Valuation Changes for Hermès International Société en commandite par actions
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from €2450 to €2423.
- The Future P/E for Hermès International Société en commandite par actions remained effectively unchanged, moving only marginally from 50.65x to 50.29x.
- The Net Profit Margin for Hermès International Société en commandite par actions remained effectively unchanged, moving only marginally from 30.94% to 30.85%.
Disclaimer
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