Hugo Boss (OTCMKTS:BOSSY) Upgraded by Zacks Investment Research to “Hold”

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Zacks Investment Research upgraded shares of Hugo Boss (OTCMKTS:BOSSY) from a sell rating to a hold rating in a report released on Wednesday, reports.

According to Zacks, “Hugo Boss AG manufactures and sells men’s and women’s apparel. Its product includes modern apparel, elegant eveningwear, sportswear, leather accessories, licensed fragrances, eyewear, watches, home textiles and writing instruments. The company’s brand name includes BOSS and HUGO. Hugo Boss is headquartered in Metzingen, Germany. “

A number of other equities research analysts have also recently commented on BOSSY. Morgan Stanley reaffirmed an equal weight rating on shares of Hugo Boss in a report on Wednesday, November 4th. Societe Generale reaffirmed a hold rating on shares of Hugo Boss in a report on Wednesday, November 4th. Bank of America raised shares of Hugo Boss from an underperform rating to a neutral rating in a report on Wednesday, November 11th. DZ Bank reaffirmed a sell rating on shares of Hugo Boss in a report on Thursday, November 12th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Hugo Boss in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of Hold.

OTCMKTS BOSSY opened at $6.25 on Wednesday. Hugo Boss has a 1 year low of $4.10 and a 1 year high of $10.36. The company has a market capitalization of $2.20 billion, a PE ratio of -13.89 and a beta of 1.69. The company has a fifty day moving average of $6.68 and a two-hundred day moving average of $5.80.

Hugo Boss (OTCMKTS:BOSSY) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.01 earnings per share (EPS) for the quarter. Hugo Boss had a negative net margin of 6.30% and a negative return on equity of 5.25%. The company had revenue of $622.98 million during the quarter. As a group, sell-side analysts anticipate that Hugo Boss will post -0.59 earnings per share for the current year.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide. The company 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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