According to an update released by analysts at Deutsche Bank the broker has now set a ‘Buy’ rating on shares of Moss Brothers Group PLC (LON:MOSB) with a price target of 2220.
Deutsche Bank on Wednesday reiterated Moss Brothers Group PLC’s analyst rating as ‘Buy’ with its price target of 2220 highlighting a potential increase of 1996.32% from Moss Brothers Group PLC’s current price of 105.9.
Over the last twelve months Moss Brothers Group PLC’s stock price has increased from 92.94 to 105.9, a change of 13.94%.
Moss Brothers Group PLC has 99,992,000 shares in issue which have a share price of 105.9 giving Moss Brothers Group PLC a market capitalisation of 105.89M GBp.
The company has a 50 day moving average of 99.22 and a 200 day moving average of 98.83. The 52 week high shares of Moss Brothers Group PLC have reached is 111 whilst the 52 week low for the company’s shares is 86.98.
Moss Bros Group PLC is engaged in retailing and hiring formal wear for men. The Company operates through Moss Bros branded mainstream stores. The Company’s segments include Retail and Hire. The Company offers various types of suits, skirts, jackets, trousers, coats, casualwear, ties, shoes and accessories. The Company offers clothing and accessories for various occasions, including weddings, prom, race day suit, tuxedo and black tie, interview attire and graduation. The Company also trades through Savoy Taylors Guild fascia. It has approximately 100 Moss Bros and Savoy Taylors Guild branded stores and over 20 Moss Bros outlet stores, which trade Moss Bros own brands and selected third-party brands, including Hugo Boss, Canali, Ted Baker, DKNY and French Connection. The Company has approximately 120 Moss Bros Hire outlets, which are contained within Moss Bros Retail and Savoy Taylors Guild Stores. The Company’s sub brands consist of Moss London, Moss 1851 and Moss Esq.