Hemnet Group AB (publ) (OTC:HMNTY) Price Target Cut to SEK 155

Hemnet Group AB (publ) (OTC:HMNTYGet Rating) had its price target dropped by Morgan Stanley from SEK 172 to SEK 155 in a note issued to investors on Tuesday, The Fly reports.

Separately, Barclays decreased their target price on Hemnet Group AB (publ) from SEK 170 to SEK 160 and set an “equal weight” rating on the stock in a report on Friday, April 29th.

Shares of HMNTY stock traded down $0.43 during trading on Tuesday, reaching $11.00. 4,044 shares of the company’s stock were exchanged, compared to its average volume of 5,533. Hemnet Group AB has a twelve month low of $10.60 and a twelve month high of $16.82. The business has a fifty day moving average price of $13.16.

About Hemnet Group AB (publ) (Get Rating)

Hemnet Group AB (publ) operates a property platform. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is based in Stockholm, Sweden.

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