Morgan Stanley Analysts Give Hugo Boss AG (BOSS) a €58.00 Price Target
Hugo Boss AG (ETR:BOSS) has been given a €58.00 ($68.24) target price by analysts at Morgan Stanley in a report issued on Thursday. The brokerage presently has a “sell” rating on the stock.
A number of other equities research analysts have also recently issued reports on BOSS. Royal Bank Of Canada set a €75.00 ($88.24) target price on Hugo Boss AG and gave the company a “neutral” rating in a research note on Friday, August 11th. HSBC Holdings plc set a €65.00 ($76.47) target price on Hugo Boss AG and gave the company a “neutral” rating in a research note on Tuesday, August 8th. Hauck & Aufhaeuser set a €73.00 ($85.88) target price on Hugo Boss AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. UBS AG set a €55.00 ($64.71) target price on Hugo Boss AG and gave the company a “sell” rating in a research note on Thursday, August 3rd. Finally, Berenberg Bank set a €75.00 ($88.24) target price on Hugo Boss AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. Hugo Boss AG presently has an average rating of “Hold” and a consensus price target of €71.90 ($84.59).
Shares of Hugo Boss AG (ETR:BOSS) traded down 1.00% during trading on Thursday, reaching €74.50. 1,440 shares of the company’s stock traded hands. The company has a market capitalization of €5.17 billion and a price-to-earnings ratio of 20.60. The company has a 50 day moving average of €74.53 and a 200-day moving average of €69.18. Hugo Boss AG has a 1-year low of €52.53 and a 1-year high of €77.80.
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About Hugo Boss AG
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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