Accueil > Actualité
Actualite financiere : Actualite bourse

Hugo Boss: Invest Securities cuts target price

(CercleFinance.com) - The analyst says that on Thursday evening the group announced Q3 sales and EBIT that were above expectations, which led management to raise its FY 2021 targets (sales up 40% at constant exchange rates and EBIT of 175 to 200 million euros).


These encouraging figures have led the broker to increase its 2021/22/23 EPS estimates by 17.6%/+7%/+6.9% and its normative margin assumption, which is now considered to be conservative (by one point), Invest Securities adds.

However, despite these very favourable factors, the broker has trimmed its target price for the share (to 50.8 euros vs 52.2 euros), with a significant increase in the risk premium applied and the risk-free rate since its last update (WACC at 7.01% vs. 6.18%), with analysts remaining neutral on the stock.

The share is currently down 1.8% at 52.2 euros.


Copyright (c) 2021 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.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.