Boohoo Group (LON:BOO) PT Lowered to GBX 215

Boohoo Group (LON:BOO) had its price target cut by Barclays from GBX 380 ($5.00) to GBX 215 ($2.83) in a research report report published on Monday morning, Stock Target Advisor reports. They currently have an overweight rating on the stock.

Several other research firms also recently weighed in on BOO. Goldman Sachs Group reissued a buy rating on shares of Boohoo Group in a research report on Friday, March 6th. CSFB initiated coverage on shares of Boohoo Group in a report on Tuesday, December 17th. They issued an outperform rating for the company. Shore Capital reaffirmed a buy rating on shares of Boohoo Group in a report on Tuesday, January 14th. Royal Bank of Canada reaffirmed an underperform rating on shares of Boohoo Group in a report on Tuesday, March 10th. Finally, Citigroup lifted their price target on shares of Boohoo Group from GBX 250 ($3.29) to GBX 330 ($4.34) and gave the company a neutral rating in a report on Tuesday, February 25th. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 319.29 ($4.20).

BOO opened at GBX 203.80 ($2.68) on Monday. The company has a 50-day moving average of GBX 275.05 and a 200-day moving average of GBX 281.94. The company has a market capitalization of $25.18 million and a P/E ratio of 47.40. Boohoo Group has a 1-year low of GBX 1.74 ($0.02) and a 1-year high of GBX 250.60 ($3.30). The company has a debt-to-equity ratio of 8.85, a quick ratio of 1.09 and a current ratio of 1.56.

About Boohoo Group

boohoo group plc operates as an online fashion 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 through the Websites to a market of 16 to 30 year old consumers. It offers its products for men, and women.

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Analyst Recommendations for Boohoo Group (LON:BOO)

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