Hugo Boss (ETR:BOSS) has been assigned a €48.00 ($55.81) target price by investment analysts at Independent Research in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective indicates a potential upside of 2.85% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. HSBC set a €47.00 ($54.65) price target on shares of Hugo Boss and gave the stock a “neutral” rating in a research note on Friday, October 11th. Goldman Sachs Group set a €52.00 ($60.47) target price on Hugo Boss and gave the stock a “neutral” rating in a research report on Friday. DZ Bank reaffirmed a “buy” rating on shares of Hugo Boss in a research report on Friday, October 11th. Credit Suisse Group set a €46.00 ($53.49) price target on shares of Hugo Boss and gave the company a “neutral” rating in a research report on Monday. Finally, Kepler Capital Markets set a €52.00 ($60.47) price target on shares of Hugo Boss and gave the company a “buy” rating in a research report on Friday. Ten analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €55.00 ($63.95).
Shares of Hugo Boss stock opened at €46.67 ($54.27) on Tuesday. The company has a current ratio of 1.37, a quick ratio of 0.45 and a debt-to-equity ratio of 139.70. The company’s fifty day simple moving average is €43.14 and its two-hundred day simple moving average is €47.07. The company has a market cap of $3.02 billion and a P/E ratio of 15.19. Hugo Boss has a 12-month low of €36.23 ($42.13) and a 12-month high of €67.30 ($78.26).
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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