boohoo group’s (BOO) Hold Rating Reaffirmed at Berenberg Bank

boohoo group (LON:BOO – Get Rating)‘s stock had its “hold” rating reissued by equities researchers at Berenberg Bank in a research report issued on Monday, MarketBeat.com reports. They presently have a GBX 45 ($0.56) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 3.64% from the stock’s previous close.

Several other equities research analysts also recently weighed in on BOO. Numis Securities reaffirmed a “hold” rating and set a GBX 35 ($0.44) target price on shares of boohoo group in a research note on Thursday, February 16th. Shore Capital reiterated a “hold” rating on shares of boohoo group in a research note on Monday, May 15th. Barclays reissued an “underweight” rating and set a GBX 30 ($0.37) target price on shares of boohoo group in a research note on Wednesday, May 17th. Peel Hunt reiterated a “buy” rating on shares of boohoo group in a research note on Tuesday, May 16th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 85 ($1.06) target price on shares of boohoo group in a research note on Wednesday, May 17th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 61.44 ($0.76).

boohoo group Stock Up 0.2 %

Shares of LON:BOO opened at GBX 43.42 ($0.54) on Monday. The firm has a market capitalization of £551.43 million, a PE ratio of -1,447.33 and a beta of 1.80. boohoo group has a 1 year low of GBX 30 ($0.37) and a 1 year high of GBX 92.28 ($1.15). The company has a debt-to-equity ratio of 91.31, a current ratio of 1.70 and a quick ratio of 0.92. The firm’s 50-day moving average is GBX 50.11 and its two-hundred day moving average is GBX 46.64.

About boohoo group

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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.