(CercleFinance.com) – Hugo Boss arrogates more than 2% in Frankfurt while UBS confirmed today its advice to buy the stock with a target of 87 E, after the day of investors (CMD) organized by the group.
The German clothing house anticipates by 2025 a turnover of five billion euros and an operating profit (EBIT) of at least 600 million.
The analyst believes that Hugo Boss’s objective is ambitious but realistic, while leaving room for maneuver to increase margins.
“The targets revised upwards according to the news imply a rise of 10% compared to the consensus 2025” indicates UBS.
‘ Hugo Boss has updated its CLAIM 5 strategy and mid-term forecast for 2025. More importantly, 2025 revenue is expected to reach €5 billion (vs. 6 billion euros, UBS at 4.8 billion euros), or an average annual growth rate of +11% (consensus of +8%, UBS at 4.8 billion euros) ‘ indicates the office of ‘analyzes.
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