Hugo Boss (ETR:BOSS) has been given a €54.00 ($62.79) price objective by Goldman Sachs Group in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 31.20% from the company’s previous close.
A number of other research firms have also commented on BOSS. Bank of America set a €50.00 ($58.14) price objective on shares of Hugo Boss and gave the company a “neutral” rating in a research note on Tuesday, October 15th. Kepler Capital Markets set a €52.00 ($60.47) target price on shares of Hugo Boss and gave the stock a “buy” rating in a research report on Friday, November 22nd. Pareto Securities set a €45.00 ($52.33) target price on shares of Hugo Boss and gave the stock a “neutral” rating in a research report on Friday, October 11th. JPMorgan Chase & Co. set a €56.00 ($65.12) price target on shares of Hugo Boss and gave the company a “neutral” rating in a report on Thursday, November 21st. Finally, DZ Bank restated a “buy” rating on shares of Hugo Boss in a research report on Friday, October 11th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of €57.45 ($66.80).
BOSS traded down €0.37 ($0.43) during trading on Tuesday, reaching €41.16 ($47.86). The company had a trading volume of 741,926 shares, compared to its average volume of 321,526. The firm’s 50-day simple moving average is €39.49 and its 200 day simple moving average is €50.03. The company has a market cap of $2.87 billion and a price-to-earnings ratio of 13.40. Hugo Boss has a 12-month low of €36.23 ($42.13) and a 12-month high of €67.30 ($78.26). The company has a debt-to-equity ratio of 139.70, a quick ratio of 0.45 and a current ratio of 1.37.
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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