boohoo group (OTCMKTS:BHOOY) Price Target Lowered to GBX 67 at Morgan Stanley

boohoo group (OTCMKTS:BHOOYGet Rating) had its price target decreased by stock analysts at Morgan Stanley from GBX 70 ($0.85) to GBX 67 ($0.81) in a report issued on Friday, The Fly reports.

Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on boohoo group from GBX 230 ($2.79) to GBX 190 ($2.31) in a research report on Thursday, May 5th. Barclays reduced their price target on boohoo group from GBX 85 ($1.03) to GBX 65 ($0.79) in a research report on Thursday, May 5th. Deutsche Bank Aktiengesellschaft reduced their price target on boohoo group from GBX 230 ($2.79) to GBX 140 ($1.70) in a research report on Tuesday, May 3rd. Credit Suisse Group cut boohoo group from an “outperform” rating to a “neutral” rating in a research report on Monday, May 16th. Finally, Societe Generale cut boohoo group from a “buy” rating to a “hold” rating and set a GBX 72 ($0.87) price objective for the company. in a research report on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, boohoo group has an average rating of “Hold” and an average target price of $99.83.

Shares of OTCMKTS:BHOOY remained flat at $$18.54 during trading on Friday. The stock had a trading volume of 60 shares, compared to its average volume of 50. boohoo group has a 1 year low of $16.71 and a 1 year high of $86.55. The business’s 50-day moving average price is $20.49 and its 200-day moving average price is $26.86.

boohoo group Company Profile (Get Rating)

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.

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