Hugo Boss: Oddo resumes coverage with 'neutral' rating
(CercleFinance.com) - Oddo announced on Monday morning that it is resuming its coverage of the Hugo Boss stock with a "neutral" rating and a target price of 74 euros.
The broker deems it essential that the group is today in the middle of repositioning its offer.
Its positioning, compared to other groups that are also in the middle of transition, confirms our recommendation, the broker says, which that at this stage thinks that Hugo Boss is only halfway there in terms of its transition.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The broker deems it essential that the group is today in the middle of repositioning its offer.
Its positioning, compared to other groups that are also in the middle of transition, confirms our recommendation, the broker says, which that at this stage thinks that Hugo Boss is only halfway there in terms of its transition.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.