HUGO BOSS AG/S (OTCMKTS:BOSSY) Rating Lowered to Underperform at Bank of America

HUGO BOSS AG/S (OTCMKTS:BOSSY) was downgraded by equities researchers at Bank of America from a “neutral” rating to an “underperform” rating in a research report issued on Monday, The Fly reports.

Several other research firms also recently weighed in on BOSSY. Goldman Sachs Group reiterated a “neutral” rating on shares of HUGO BOSS AG/S in a report on Monday, March 30th. ValuEngine raised shares of HUGO BOSS AG/S from a “sell” rating to a “hold” rating in a research report on Wednesday, April 8th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of HUGO BOSS AG/S in a research report on Wednesday, May 6th. Jefferies Financial Group cut shares of HUGO BOSS AG/S from a “buy” rating to a “hold” rating in a research report on Friday, May 29th. Finally, Deutsche Bank reissued a “hold” rating on shares of HUGO BOSS AG/S in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company. The company currently has a consensus rating of “Hold”.

HUGO BOSS AG/S stock opened at $5.95 on Monday. HUGO BOSS AG/S has a fifty-two week low of $4.10 and a fifty-two week high of $13.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.63 and a current ratio of 1.53. The firm has a 50 day moving average price of $5.85 and a 200 day moving average price of $7.28. The company has a market capitalization of $2.08 billion, a PE ratio of 12.66 and a beta of 1.59.

HUGO BOSS AG/S (OTCMKTS:BOSSY) last posted its earnings results on Tuesday, May 5th. The company reported ($0.06) earnings per share for the quarter. HUGO BOSS AG/S had a net margin of 5.35% and a return on equity of 15.28%. The company had revenue of $612.19 million during the quarter. As a group, equities research analysts forecast that HUGO BOSS AG/S will post 0.01 earnings per share for the current year.

About HUGO BOSS AG/S

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 AG/S (OTCMKTS:BOSSY)

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