Hugo Boss (OTCMKTS:BOSSY) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Hugo Boss (OTCMKTS:BOSSY – Get Rating) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports.

Other equities analysts also recently issued reports about the stock. Societe Generale dropped their target price on shares of Hugo Boss from €53.00 ($56.38) to €49.00 ($52.13) and set a “hold” rating on the stock in a research note on Friday, November 4th. Berenberg Bank assumed coverage on shares of Hugo Boss in a research note on Friday, September 30th. They issued a “buy” rating on the stock. Finally, Baader Bank upgraded shares of Hugo Boss to a “reduce” rating and upped their target price for the stock from €44.00 ($46.81) to €56.00 ($59.57) in a research note on Monday, November 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $59.10.

Hugo Boss Trading Down 1.0 %

Shares of OTCMKTS:BOSSY opened at $11.16 on Tuesday. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 17.17 and a beta of 1.27. Hugo Boss has a 12 month low of $9.02 and a 12 month high of $13.34. The firm’s 50-day moving average is $10.06 and its 200 day moving average is $10.57.

Hugo Boss (OTCMKTS:BOSSY – Get Rating) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.17 EPS for the quarter. The company had revenue of $940.37 million for the quarter, compared to the consensus estimate of $878.24 million. Hugo Boss had a net margin of 6.02% and a return on equity of 20.73%. As a group, equities analysts forecast that Hugo Boss will post 0.6 EPS for the current fiscal year.

About Hugo Boss

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Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes clothes, shoes, and accessories for men and women worldwide. It offers business, casual, athleisure, and evening wear; shoes and accessories; and licensed products, including fragrances, eyewear, and watches, as well as children’s fashion products.

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Analyst Recommendations for Hugo Boss (OTCMKTS:BOSSY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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