Today Societe Generale Reiterates a Hold Rating on Hugo Boss (ETR:BOSS) and a EUR 85.00 Target Price

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Hugo Boss (ETR:BOSS) Rating Reaffirmed

Societe Generale now has a EUR 85.00 PT on the 5.29B EUR market cap company or 12.52% upside potential. In an analyst note announced on Saturday morning, Hugo Boss (ETR:BOSS) shares have had their Hold Rating reconfirmed by stock analysts at Societe Generale.

From a total of 16 analysts covering Hugo Boss (ETR:BOSS) stock, 7 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is €132 while the lowest target price is €73. The mean of all analyst targets is €104.38 with a 38.66% above today’s (€75.28) stock price. Hugo Boss was the topic of 33 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Baader Wertpapierhandelsbank maintained shares on December 8 with “Hold” rating. Warburg Research upgraded shares to “Buy” rating and €118 target share price in a report from a November 5. Independent Research maintained BOSS stock in a recent report from November 26 with “Neutral” rating. Commerzbank maintained the rating on November 4. Commerzbank has a “Hold” rating and a €97 price target on shares. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on a November 26.

The stock decreased 3.36% or EUR 2.62 on December 11, striking EUR 75.28. Approximately 369,338 shares of stock traded hands or 17.92% up from the average. Hugo Boss AG (ETR:BOSS) has declined 22.64% since May 7, 2015 and is downtrending. It has underperformed by 19.62% the S&P500.

Today Societe Generale Reiterates a Hold Rating on Hugo Boss (ETR:BOSS) and a EUR 85.00 Target Price

Hugo Boss AG is a Germany-based manufacturer of clothing for the international fashion market. The company has a market cap of 5.29 billion EUR. The Firm is represented by two core brands: BOSS and HUGO. It has 16.77 P/E ratio. The Company’s core brand, BOSS includes such collections as BOSS Black, providing business ensembles, casual sports clothing and evening wear for men and women; BOSS Selection, offering luxury menswear, accessories and sportswear ; BOSS Orange, offering casual, vibrant colors fashion for men and women; and BOSS Green, a fashion-oriented collection of menswear which also offers accessories.

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