Hugo Boss (OTCMKTS:BOSSY) Stock Rating Lowered by Zacks Investment Research


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Hugo Boss (OTCMKTS:BOSSY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

According to Zacks, “Hugo Boss AG manufactures and sells men’s and women’s apparel. Its product includes modern apparel, elegant eveningwear, sportswear, leather accessories, licensed fragrances, eyewear, watches, home textiles and writing instruments. The company’s brand name includes BOSS and HUGO. Hugo Boss is headquartered in Metzingen, Germany. “

Other research analysts have also recently issued research reports about the company. Societe Generale reiterated a “sell” rating on shares of Hugo Boss in a research report on Thursday, March 18th. DZ Bank reiterated a “sell” rating on shares of Hugo Boss in a research report on Friday, March 12th. Royal Bank of Canada upgraded Hugo Boss from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, March 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Hugo Boss in a research report on Thursday, April 15th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Hugo Boss in a research report on Friday, March 12th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold”.

Shares of OTCMKTS BOSSY traded down $0.01 during trading hours on Tuesday, hitting $9.50. The company had a trading volume of 1,220 shares, compared to its average volume of 3,765. The stock has a market capitalization of $3.34 billion, a P/E ratio of -21.11 and a beta of 1.69. Hugo Boss has a 1-year low of $4.53 and a 1-year high of $9.75. The firm’s 50 day moving average is $8.54 and its 200-day moving average is $7.04.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes clothes, shoes, and accessories for men and women worldwide. The company offers business, casual, athleisure, and evening wear; shoes and accessories; and licensed products, including fragrances, eyewear, and watches, as well as children's fashion products.

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