H&M, a fashion chain known for its diverse range of clothing, accessories, and cosmetics, has had its price target revised by UBS. The target has been lowered from 191 to 187 Swedish kronor, but UBS maintains a "Buy" rating for the company.

Analyst Sreedhar Mahamkali expects a mixed performance for H&M in the fourth quarter and has made slight adjustments to profit forecasts for the financial years 2023/24 to 2025/26. Despite these adjustments, Mahamkali believes that the risk/reward ratio for H&M shares remains attractive.

H&M operates under various brands, including H&M, H&M Home, COS, and others. The company has a global presence with 4,369 points of sale, with significant markets in the United States, Germany, and the United Kingdom. Germany, the United States, and the United Kingdom are the primary regions for net sales.

The average target price for H&M shares is 166.16 SEK, indicating a potential upside of 8.18% from the last closing price of 153.60 SEK.