HORNBACH Holding AG & Co. KGaA (OTCMKTS:HBBHF) Downgraded to “Hold” at Berenberg Bank

Berenberg Bank cut shares of HORNBACH Holding AG & Co. KGaA (OTCMKTS:HBBHF – Get Rating) from a buy rating to a hold rating in a research report released on Monday, The Fly reports.

HORNBACH Holding AG & Co. KGaA Stock Performance

Shares of HBBHF opened at $134.00 on Monday. HORNBACH Holding AG & Co. KGaA has a 12-month low of $134.00 and a 12-month high of $134.00. The stock has a 50-day moving average price of $134.00 and a 200-day moving average price of $134.00.

About HORNBACH Holding AG & Co. KGaA

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HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. Its stationary stores offer approximately 50,000 articles in various divisions, including hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden hardware/plants.