Hermès Gets Rare Sell Calls as Goldman, UBS See Weaker Growth
Bloomberg 2026-10-05 09:39:56
Context: For the first time in over a year, Hermès International SCA has received sell ratings from prominent analysts, marking a significant shift in sentiment towards the luxury goods company. Analysts at Goldman Sachs Group Inc. and UBS Group AG have expressed concerns that Hermès' period of remarkable growth is nearing its end. This development has implications for the company's future performance and investor expectations.
Key Facts
- Hermès International SCA received its first sell ratings in more than a year from analysts at Goldman Sachs Group Inc. and UBS Group AG.
- The sell ratings were issued due to concerns that Hermès' era of impressive growth is coming to an end.
- The downgrades come from two major financial institutions, Goldman Sachs Group Inc. and UBS Group AG, which are typically influential in shaping investor sentiment.