Bank of America Analysts Give Hugo Boss (ETR:BOSS) a €50.00 Price Target

Bank of America set a €50.00 ($58.14) target price on Hugo Boss (ETR:BOSS) in a report issued on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently issued reports on the company. Deutsche Bank set a €67.00 ($77.91) price target on Hugo Boss and gave the company a buy rating in a research note on Friday, October 11th. Credit Suisse Group set a €46.00 ($53.49) price target on Hugo Boss and gave the company a neutral rating in a research note on Monday. HSBC set a €47.00 ($54.65) price target on Hugo Boss and gave the company a neutral rating in a research note on Friday, October 11th. Hauck & Aufhaeuser set a €50.00 ($58.14) price target on Hugo Boss and gave the company a neutral rating in a research note on Monday. Finally, Royal Bank of Canada set a €50.00 ($58.14) target price on Hugo Boss and gave the company a neutral rating in a research report on Friday, October 11th. Twelve research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €61.90 ($71.98).

BOSS opened at €37.22 ($43.28) on Tuesday. The business’s 50-day moving average price is €48.16 and its two-hundred day moving average price is €54.95. Hugo Boss has a 1 year low of €43.76 ($50.88) and a 1 year high of €67.30 ($78.26). The company has a market capitalization of $2.57 billion and a price-to-earnings ratio of 11.83. The company has a debt-to-equity ratio of 138.56, a current ratio of 1.41 and a quick ratio of 0.47.

About Hugo Boss

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.

Further Reading: Gross Domestic Product (GDP)

Analyst Recommendations for Hugo Boss (ETR:BOSS)

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