boohoo group plc (LON:BOO) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of boohoo group plc (LON:BOOGet Rating) have earned a consensus rating of “Hold” from the nine research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 76.57 ($0.93).

Several brokerages have weighed in on BOO. Berenberg Bank lowered shares of boohoo group to a “hold” rating and lowered their target price for the stock from GBX 140 ($1.71) to GBX 45 ($0.55) in a research report on Tuesday, November 29th. Shore Capital reaffirmed a “hold” rating on shares of boohoo group in a report on Wednesday, September 28th. Barclays set a GBX 30 ($0.37) price target on shares of boohoo group in a report on Friday, December 16th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of boohoo group to a “hold” rating and reduced their price target for the company from GBX 140 ($1.71) to GBX 36 ($0.44) in a report on Friday, October 14th.

boohoo group Trading Up 2.3 %

Shares of BOO opened at GBX 38.63 ($0.47) on Wednesday. The company has a current ratio of 1.70, a quick ratio of 0.92 and a debt-to-equity ratio of 91.31. The firm’s 50-day moving average is GBX 41.17 and its two-hundred day moving average is GBX 46.63. boohoo group has a twelve month low of GBX 30 ($0.37) and a twelve month high of GBX 122.33 ($1.49). The firm has a market capitalization of £489.89 million and a P/E ratio of -125.87.

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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Analyst Recommendations for boohoo group (LON:BOO)

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