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Investment
2 mins to read

Shares downgraded as Forbar restarts Hallenstein Glasson coverage

The retailer was issued an underperform rating and a target share price down 8% on yesterday's close.

Near term risks and uncertainty has been identified for the fashion retailer.

Kate McVicar Wed, 09 Aug 2023

Hallenstein Glasson has been given an underperform rating as Forsyth Barr reinstated coverage of the fashion retailer.  

Yesterday, the investment services firm released its first report on Hallenstein Glasson since 2018, written by analysts Margaret Bei, Andy Bowley and Paul Koraua. 

While the

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Kate McVicar Wed, 09 Aug 2023
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fast fashion needs freezing out by ethical investors
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Retailer Glassons expected to push harder into US next year
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Related News
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2

Hallenstein Glasson profit rises on bricks and mortar boost
Investment

Hallenstein Glasson censured for breaching listing rules

Comings & Goings

Hallenstein Glasson poaches new CEO from KMD Brands
Investment

Share price volatility with index changes only getting greater
The Flip Side
1

Fast fashion needs freezing out by ethical investors
Retail
2

Retailer Glassons expected to push harder into US next year
Shares downgraded as Forbar restarts Hallenstein Glasson coverage
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