Independent Research Reiterates “€90.00” Price Target for Hugo Boss (BOSS)

Independent Research set a €90.00 ($107.14) price target on Hugo Boss (ETR:BOSS) in a research report released on Wednesday. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on BOSS. Barclays set a €75.00 ($89.29) price objective on Hugo Boss and gave the company a neutral rating in a research note on Wednesday. Commerzbank set a €88.00 ($104.76) price objective on Hugo Boss and gave the company a buy rating in a research note on Tuesday. Kepler Capital Markets set a €69.00 ($82.14) price objective on Hugo Boss and gave the company a neutral rating in a research note on Tuesday. Goldman Sachs Group set a €66.00 ($78.57) price objective on Hugo Boss and gave the company a sell rating in a research note on Wednesday. Finally, Nord/LB set a €88.00 ($104.76) price objective on Hugo Boss and gave the company a buy rating in a research note on Friday, January 12th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €75.05 ($89.34).

Shares of Hugo Boss (ETR:BOSS) traded down €0.90 ($1.07) during midday trading on Wednesday, reaching €75.38 ($89.74). The company’s stock had a trading volume of 280,711 shares, compared to its average volume of 241,718. Hugo Boss has a one year low of €56.75 ($67.56) and a one year high of €81.34 ($96.83). The stock has a market capitalization of $5,310.00 and a PE ratio of 20.88.

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About Hugo Boss

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, children's fashion, home textiles, and writing instruments.

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