November 25, 2016 - By Michael Collier
HUGO BOSS (ETR:BOSS) was increased by research professionals at Joh. Berenberg Gossler & Co. KG to Buy rating in a report issued on Friday morning. The firm currently has a EUR 62.00 target price per share on the stock. Joh. Berenberg Gossler & Co. KG’s target price per share would suggest a potential upside of 12.40%.
Out of 27 analysts covering Hugo Boss (ETR:BOSS), 12 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 44% are positive. €132 is the highest target while €45 is the lowest. The €67.89 average target is 25.10% above today’s (€54.27) stock price. Hugo Boss has been the topic of 138 analyst reports since July 3, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, December 3 by Hauck & Aufhäuser Privatbankiers KGaA. The firm earned “Buy” rating on Tuesday, August 9 by Hauck & Aufhäuser Privatbankiers KGaA. The firm has “Hold” rating given on Wednesday, November 4 by Commerzbank. The firm earned “Sell” rating on Thursday, October 27 by UBS. The firm has “Outperform” rating given on Saturday, January 16 by BNP Paribas. Societe Generale downgraded Hugo Boss AG (ETR:BOSS) on Wednesday, May 18 to “Sell” rating. The rating was maintained by Baader Wertpapierhandelsbank on Saturday, August 6 with “Hold”. Independent Research upgraded the shares of BOSS in a report on Friday, February 26 to “Buy” rating. Kepler Cheuvreux maintained the shares of BOSS in a report on Tuesday, January 19 with “Hold” rating. The rating was maintained by DZ BANK on Wednesday, October 5 with “Hold”.
About 112,037 shares traded hands. Hugo Boss AG (ETR:BOSS) has declined 7.86% since March 18, 2016 and is downtrending. It has underperformed by 13.27% 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 3.82 billion EUR. The Firm is represented by two core brands: BOSS and HUGO. It has a 17.42 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.
More notable recent Hugo Boss AG (ETR:BOSS) news were published by: Marketwatch.com which released: “Hugo Boss rises 4.4% after profit beat” on November 23, 2013, also Bloomberg.com with their article: “Hugo Boss Plunges as Retailer Cuts Outlook on U.S., China” published on February 23, 2016, Bloomberg.com published: “Hugo Boss Rises on Signs of Recovery as Sales Beat Estimates” on August 05, 2016. More interesting news about Hugo Boss AG (ETR:BOSS) were released by: Bloomberg.com and their article: “Hugo Boss Surges as China Rebound Aids New CEO’s Turnaround” published on November 02, 2016 as well as Seekingalpha.com‘s news article titled: “Hugo Boss May Trend Higher Soon” with publication date: September 06, 2016.
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