Bernstein's analysts wrote that Hermès' sales growth in the last quarter of this year may not accelerate, pointing to the high comparison base and challenges facing the perfume sector. After adjusting for exchange rate effects, the French luxury fashion company's third-quarter revenue increased 9.6%. The brokerage agency said, “The average forecast for 2025 is 8.5% growth, and it appears that these negative factors have been taken into account. “The agency maintains a “stronger than market” rating for this Parisian listed stock, with a target price of €2,650.

Bernstein's analysts wrote that Hermès' sales growth in the last quarter of this year may not accelerate, pointing to the high comparison base and challenges facing the perfume sector. After adjusting for exchange rate effects, the French luxury fashion company's third-quarter revenue increased 9.6%. The brokerage agency said, “The average forecast for 2025 is 8.5% growth, and it appears that these negative factors have been taken into account. “The agency maintains a “stronger than market” rating for this Parisian listed stock, with a target price of €2,650.