HSBC Reiterates €73.00 Price Target for Hugo Boss (ETR:BOSS)
HSBC set a €73.00 ($84.88) price target on Hugo Boss (ETR:BOSS) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
BOSS has been the topic of a number of other reports. Hauck & Aufhaeuser set a €77.00 ($89.53) target price on Hugo Boss and gave the stock a buy rating in a report on Friday, August 30th. Morgan Stanley set a €55.00 ($63.95) price target on shares of Hugo Boss and gave the company a neutral rating in a report on Thursday, July 4th. Deutsche Bank set a €80.00 ($93.02) price target on shares of Hugo Boss and gave the company a buy rating in a report on Friday, August 2nd. Independent Research set a €58.00 ($67.44) price objective on shares of Hugo Boss and gave the company a neutral rating in a research report on Monday, August 5th. Finally, Royal Bank of Canada reaffirmed a buy rating on shares of Hugo Boss in a research note on Wednesday, September 4th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Hugo Boss currently has an average rating of Buy and an average target price of €72.21 ($83.97).
Shares of Hugo Boss stock opened at €54.90 ($63.84) on Monday. The business has a fifty day simple moving average of €53.22 and a 200-day simple moving average of €57.85. Hugo Boss has a fifty-two week low of €48.89 ($56.85) and a fifty-two week high of €70.44 ($81.91). The firm has a market cap of $3.79 billion and a price-to-earnings ratio of 17.45. The company has a quick ratio of 0.47, a current ratio of 1.41 and a debt-to-equity ratio of 138.56.
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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