Boohoo Group (LON:BOO)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other brokerages have also recently issued reports on BOO. Goldman Sachs Group increased their price objective on Boohoo Group from GBX 490 ($6.03) to GBX 500 ($6.15) and gave the stock a “buy” rating in a research note on Thursday, June 18th. Shore Capital reaffirmed a “hold” rating on shares of Boohoo Group in a research report on Wednesday, June 17th. Morgan Stanley increased their target price on Boohoo Group from GBX 150 ($1.85) to GBX 190 ($2.34) and gave the company an “underweight” rating in a research report on Thursday, June 25th. Barclays increased their target price on Boohoo Group from GBX 425 ($5.23) to GBX 470 ($5.78) and gave the company an “overweight” rating in a research report on Thursday, June 18th. Finally, HSBC increased their target price on Boohoo Group from GBX 370 ($4.55) to GBX 420 ($5.17) and gave the company a “buy” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 408.46 ($5.03).
Shares of LON:BOO opened at GBX 412 ($5.07) on Monday. Boohoo Group has a 52-week low of GBX 1.33 ($0.02) and a 52-week high of GBX 433.50 ($5.33). The stock has a market cap of $5.11 billion and a P/E ratio of 76.60. The business’s 50 day moving average is GBX 377.19 and its 200 day moving average is GBX 301.30. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 6.38.
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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