HUGO BOSS : Gets a Buy rating from Warburg Research

Hugo Boss AG is a German luxury fashion company that designs and sells high-end clothing, shoes, and accessories. The company was founded in 1924 by Hugo Boss and has since become one of the world's largest luxury fashion brands.

Warburg Research is an independent research firm that provides investment advice and analysis on various industries and companies. Jörg Frey is an analyst at Warburg Research who specializes in the retail sector, including fashion and apparel.

In a recent report, Frey analyzed Hugo Boss AG and considered the stock attractive based on several factors. He noted that the company has been experiencing strong growth in recent years, with sales increasing by 10% in 2019 and 7% in 2020. Additionally, Frey highlighted the company's strong brand positioning and its ability to generate high margins.

Frey also noted that Hugo Boss AG has a solid balance sheet, with low levels of debt and a healthy cash flow. This, combined with the company's strong growth prospects, makes it an attractive investment opportunity for investors looking for long-term capital appreciation.

Based on his analysis, Frey recommended that investors buy shares of Hugo Boss AG, with a target price of EUR 88. This represents a potential return of approximately 15% from the current stock price of EUR 76.