Hugo Boss (OTCMKTS:BOSSY) Rating Increased to Buy at UBS Group

Hugo Boss (OTCMKTS:BOSSY) was upgraded by equities researchers at UBS Group from a “neutral” rating to a “buy” rating in a report issued on Tuesday,Briefing.com Automated Import reports.

Separately, Citigroup raised shares of Hugo Boss to a “hold” rating in a report on Wednesday, October 2nd.

Hugo Boss Stock Performance

Hugo Boss stock opened at $6.89 on Tuesday. The business has a 50 day simple moving average of $8.73 and a 200-day simple moving average of $8.88. Hugo Boss has a 12 month low of $6.59 and a 12 month high of $15.36. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.62 and a current ratio of 1.62.

Hugo Boss (OTCMKTS:BOSSY) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter. Hugo Boss had a return on equity of 16.28% and a net margin of 5.08%. The firm had revenue of $1.13 billion for the quarter. Equities research analysts anticipate that Hugo Boss will post 0.68 EPS for the current year.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.