Hugo Boss (ETR:BOSS) Rating Reaffirmed
In analysts report revealed to investors on Tuesday morning, The “Hold” rating of Hugo Boss (ETR:BOSS) shares was reiterated by Baader Wertpapierhandelsbank, who now has a EUR 86.00 TP on the stock. Baader Wertpapierhandelsbank’s TP suggests a possible upside of 7.74% from the previous stock close of the company.
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 30.74% above today’s (€79.84) stock price. Hugo Boss was the topic of 32 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA downgraded shares on December 3 to “Sell” 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 increased 0.09% or EUR 0.07 on December 7, striking EUR 79.84. Approximately 325,460 shares of stock traded hands or 5.62% up from the average. Hugo Boss AG (ETR:BOSS) has declined 22.64% since May 7, 2015 and is downtrending. It has underperformed by 21.56% the S&P500.
Hugo Boss AG is a Germany-based manufacturer of clothing for the international fashion market. The company has a market cap of 5.62 billion EUR. The Firm is represented by two core brands: BOSS and HUGO. It has 17.78 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.