Hugo Boss (ETR:BOSS) has been assigned a €19.00 ($22.09) price target by equities researchers at Baader Bank in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Baader Bank’s target price indicates a potential downside of 24.18% from the stock’s previous close.
Several other research analysts also recently commented on BOSS. Hauck & Aufhaeuser set a €45.00 ($52.33) price objective on Hugo Boss and gave the stock a “buy” rating in a report on Tuesday. Morgan Stanley set a €42.00 ($48.84) price objective on Hugo Boss and gave the stock a “neutral” rating in a report on Monday, January 20th. Independent Research set a €40.00 ($46.51) price objective on Hugo Boss and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Jefferies Financial Group set a €53.00 ($61.63) price objective on Hugo Boss and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Warburg Research set a €55.00 ($63.95) price objective on Hugo Boss and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €47.06 ($54.72).
BOSS opened at €25.06 ($29.14) on Wednesday. The stock’s fifty day moving average is €36.11 and its two-hundred day moving average is €41.62. The company has a market capitalization of $1.73 billion and a P/E ratio of 8.43. Hugo Boss has a 52 week low of €27.93 ($32.48) and a 52 week high of €65.18 ($75.79). The company has a quick ratio of 0.49, a current ratio of 1.32 and a debt-to-equity ratio of 117.32.
About Hugo Boss
Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide. The company offers businesswear, casual outfits, athleisurewear, and eveningwear; and shoes and accessories, as well as licensed products, including fragrances, eyewear, and watches.
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