(Boursier.com) — Hermes fell by almost 4% to 1,234 euros on Tuesday, while in the first quarter of 2022, the saddler notes that it is still difficult to assess the impacts of the health context in 2022… “The highly integrated artisanal model, the balanced distribution network, the creativity of our collections and the loyalty of our customers allow us to approach the future with confidence”.
In the medium term, despite the economic, geopolitical and monetary uncertainties in the world, the group has confirmed an ambitious objective of growth in turnover at constant exchange rates… Thanks to its unique business model, Hermès is pursuing its strategy of long-term development based on creativity, mastery of know-how and original communication. Among the latest brokers’ opinions, Invest Securities reduced its target from 1,016 to 990 euros with a ‘sell’ opinion, but Bryan Garnier raised its target price from 1,300 to 1,370 euros by being for purchase.
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