boohoo group (LON:BOO) Rating Reiterated by Berenberg Bank

boohoo group (LON:BOO – Get Rating)‘s stock had its “hold” rating reiterated by Berenberg Bank in a note issued to investors on Monday, Marketbeat.com reports. They presently have a GBX 45 ($0.56) price target on the stock. Berenberg Bank’s price target indicates a potential upside of 0.92% from the company’s current price.

BOO has been the topic of a number of other reports. Barclays set a GBX 30 ($0.37) target price on boohoo group in a research report on Friday, December 16th. Bank of America raised shares of boohoo group to a “buy” rating in a research report on Friday, January 20th. Credit Suisse Group restated a “neutral” rating and issued a GBX 45 ($0.56) price target on shares of boohoo group in a research note on Friday, January 20th. Liberum Capital reiterated a “sell” rating and set a GBX 35 ($0.43) target price on shares of boohoo group in a research note on Thursday, January 19th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of boohoo group to a “hold” rating and decreased their price objective for the company from GBX 140 ($1.73) to GBX 36 ($0.45) in a research note on Friday, October 14th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 68.25 ($0.84).

boohoo group Stock Performance

Shares of BOO stock opened at GBX 44.59 ($0.55) on Monday. The business has a fifty day moving average of GBX 40.60 and a 200 day moving average of GBX 45.77. The firm has a market capitalization of £565.48 million and a price-to-earnings ratio of -148.63. boohoo group has a 1 year low of GBX 30 ($0.37) and a 1 year high of GBX 109.11 ($1.35). The company has a debt-to-equity ratio of 91.31, a current ratio of 1.70 and a quick ratio of 0.92.

boohoo group Company Profile

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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.