Is Hugo Boss (ETR:BOSS) Worth Your Time and Dime Following a Hauck & Aufhäuser Privatbankiers KGaA Downgrade?


Hugo Boss (ETR:BOSS) Receives a Downgrade

Hauck & Aufhäuser Privatbankiers KGaA has cut their stock rating for shares of Hugo Boss (ETR:BOSS) to a Sell in an analyst research report distributed on Friday morning, and has just set a one year TP at EUR 73.00. This target is -11.88% from BOSS’s current share price.

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 €78. The mean of all analyst targets is €105.65 with a 27.52% above today’s (€82.85) stock price. Hugo Boss was the topic of 29 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on November 26 with “Neutral” rating. Commerzbank maintained shares with “Hold” rating and €97 target share price in a report from a November 4. Bankhaus Lampe upgraded BOSS stock in a recent report from November 26 to “Buy” rating. Baader Wertpapierhandelsbank maintained the rating on November 4. Baader Wertpapierhandelsbank has a “Hold” rating and a €100 price target on shares. Finally, Warburg Research upgraded the stock to “Buy” rating in a report issued on a November 5.

The stock increased 2.58% or EUR 2.08 on November 26, striking EUR 82.85. Approximately 325,109 shares of stock traded hands. Hugo Boss AG (ETR:BOSS) has declined 12.19% since April 24, 2015 and is downtrending. It has underperformed by 10.83% the S&P500.

 Is Hugo Boss (ETR:BOSS) Worth Your Time and Dime Following a Hauck & Aufhäuser Privatbankiers KGaA Downgrade?

Hugo Boss AG is a Germany-based manufacturer of clothing for the international fashion market. The company has a market cap of 5.84 billion EUR. The Firm is represented by two core brands: BOSS and HUGO. It has 18.45 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.