Hugo Boss AG (ETR:BOSS) has been assigned a €56.00 ($65.88) price target by analysts at UBS Group AG (USA) in a research note issued to investors on Thursday. The brokerage currently has a “sell” rating on the stock. UBS Group AG (USA)’s target price suggests a potential downside of 22.16% from the company’s previous close.
A number of other research analysts also recently commented on the company. Goldman Sachs Group, Inc. (The) set a €62.50 ($73.53) price objective on Hugo Boss AG and gave the company a “sell” rating in a report on Friday, September 8th. DZ Bank AG restated a “neutral” rating on shares of Hugo Boss AG in a research note on Tuesday, September 12th. Berenberg Bank set a €81.00 ($95.29) price target on Hugo Boss AG and gave the stock a “buy” rating in a research note on Thursday, August 24th. Credit Suisse Group set a €65.00 ($76.47) price target on Hugo Boss AG and gave the stock a “neutral” rating in a research note on Friday, September 8th. Finally, HSBC Holdings plc set a €65.00 ($76.47) price target on Hugo Boss AG and gave the stock a “neutral” rating in a research note on Thursday, July 6th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €72.95 ($85.82).
Hugo Boss AG (ETR:BOSS) traded down €3.23 ($3.80) on Thursday, hitting €71.94 ($84.64). The stock had a trading volume of 1,027,279 shares.
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Hugo Boss AG Company Profile
HUGO BOSS AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide. It offers classic to modern apparel, eveningwear, sportswear, shoes, and leather accessories, as well as licensed fragrances, eyewear, watches, childrens fashion, home textiles, and writing instruments.
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