Hugo Boss AG (OTCMKTS:BOSSY) Given Average Rating of “Buy” by Analysts

Shares of Hugo Boss AG (OTCMKTS:BOSSYGet Rating) have been assigned an average rating of “Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $61.50.

BOSSY has been the topic of several recent research reports. Zacks Investment Research upgraded Hugo Boss from a “sell” rating to a “hold” rating in a research report on Monday, May 16th. Deutsche Bank Aktiengesellschaft reduced their price target on Hugo Boss from €67.00 ($71.28) to €60.00 ($63.83) and set a “buy” rating on the stock in a research report on Wednesday, March 16th. Morgan Stanley reduced their price target on Hugo Boss from €65.00 ($69.15) to €59.00 ($62.77) and set an “overweight” rating on the stock in a research report on Friday, March 11th. JPMorgan Chase & Co. reduced their price target on Hugo Boss from €70.00 ($74.47) to €64.00 ($68.09) and set a “neutral” rating on the stock in a research report on Tuesday, April 5th. Finally, Societe Generale upgraded Hugo Boss from a “sell” rating to a “hold” rating in a research report on Friday, March 11th.

Shares of OTCMKTS BOSSY opened at $10.05 on Wednesday. Hugo Boss has a fifty-two week low of $9.20 and a fifty-two week high of $13.57. The firm has a market capitalization of $3.54 billion, a P/E ratio of 17.95 and a beta of 1.33. The company’s 50 day simple moving average is $10.96 and its 200 day simple moving average is $11.65.

Hugo Boss (OTCMKTS:BOSSYGet Rating) last issued its earnings results on Wednesday, March 9th. The company reported $0.23 EPS for the quarter. Hugo Boss had a net margin of 5.62% and a return on equity of 19.50%. The company had revenue of $1.04 billion during the quarter. Equities research analysts anticipate that Hugo Boss will post 0.5 earnings per share for the current fiscal year.

The company also recently declared a dividend, which will be paid on Tuesday, June 7th. Shareholders of record on Thursday, May 26th will be paid a $0.0959 dividend. This is an increase from Hugo Boss’s previous dividend of $0.01. The ex-dividend date is Wednesday, May 25th. This represents a dividend yield of 0.93%. Hugo Boss’s dividend payout ratio (DPR) is currently 1.79%.

About Hugo Boss (Get Rating)

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)

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