Morgan Stanley Reaffirms Neutral Rating for Hugo Boss (ETR:BOSS)

Morgan Stanley reaffirmed their neutral rating on shares of Hugo Boss (ETR:BOSS) in a research report sent to investors on Monday morning, Borsen Zeitung reports.

Several other brokerages have also recently issued reports on BOSS. Baader Bank set a €67.00 ($77.91) target price on Hugo Boss and gave the stock a buy rating in a research report on Thursday, August 1st. Deutsche Bank set a €80.00 ($93.02) target price on Hugo Boss and gave the stock a buy rating in a research report on Friday, August 2nd. Credit Suisse Group set a €64.00 ($74.42) target price on Hugo Boss and gave the stock a neutral rating in a research report on Monday, August 5th. Warburg Research set a €89.00 ($103.49) target price on Hugo Boss and gave the stock a buy rating in a research report on Wednesday, August 28th. Finally, Bank of America set a €70.00 ($81.40) target price on Hugo Boss and gave the stock a neutral rating in a research report on Friday, September 13th. Eight equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of €72.10 ($83.84).

Shares of ETR:BOSS opened at €50.98 ($59.28) on Monday. The stock has a market capitalization of $3.52 billion and a price-to-earnings ratio of 16.20. The company has a debt-to-equity ratio of 138.56, a quick ratio of 0.47 and a current ratio of 1.41. The stock’s 50-day simple moving average is €52.73 and its two-hundred day simple moving average is €57.51. Hugo Boss has a 52-week low of €48.89 ($56.85) and a 52-week high of €70.44 ($81.91).

About Hugo Boss

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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Analyst Recommendations for Hugo Boss (ETR:BOSS)

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