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PPRUF - Hermès: Margin Headwinds Ahead
June, 12 2022 05:24 PM
Kering S A
Hermès produces and sells luxury goods from various categories and is the absolute leader in this space. The financial metrics are excellent in every aspect. Hermès is still under the effect of a temporary margin tailwind as an after effect of the pandemic. A reversion to the mean regarding margins will be a headwind in the midterm future. I rate Hermès a sell at the current price of €1,074. For further details see:
Hermès: Margin Headwinds Ahead
Stock Information
Company Name:
Kering S A
Stock Symbol:
PPRUF
Market:
OTC
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