Hugo Boss AG (ETR:BOSS) Receives €73.00 Consensus Price Target from Brokerages

Shares of Hugo Boss AG (ETR:BOSS) have been given an average rating of “Buy” by the twenty-one brokerages that are covering the stock, Marketbeat reports. Nine equities research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is €70.05 ($81.46).

Several brokerages have recently weighed in on BOSS. Credit Suisse Group set a €60.00 ($69.77) price target on Hugo Boss and gave the company a “neutral” rating in a research report on Friday, September 20th. Baader Bank set a €67.00 ($77.91) price target on Hugo Boss and gave the company a “buy” rating in a research report on Thursday, August 1st. Royal Bank of Canada reiterated a “buy” rating on shares of Hugo Boss in a research report on Wednesday, September 4th. BNP Paribas set a €70.00 ($81.40) price target on Hugo Boss and gave the company a “buy” rating in a research report on Tuesday, September 17th. Finally, JPMorgan Chase & Co. set a €65.00 ($75.58) price target on Hugo Boss and gave the company a “neutral” rating in a research report on Monday.

Shares of ETR BOSS traded down €2.01 ($2.34) during mid-day trading on Wednesday, hitting €44.47 ($51.71). The company had a trading volume of 800,264 shares, compared to its average volume of 321,526. The company has a market capitalization of $3.07 billion and a price-to-earnings ratio of 14.14. Hugo Boss has a 1 year low of €48.75 ($56.69) and a 1 year high of €69.40 ($80.70). The company has a current ratio of 1.41, a quick ratio of 0.47 and a debt-to-equity ratio of 138.56. The stock’s 50-day moving average price is €50.05 and its 200-day moving average price is €55.96.

Hugo Boss Company Profile

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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Analyst Recommendations for Hugo Boss (ETR:BOSS)

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