boohoo group plc (LON:BOO) Receives GBX 435.56 Average Target Price from Analysts

Shares of boohoo group plc (LON:BOO) have earned an average recommendation of “Buy” from the ten analysts that are presently covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 435.56 ($5.69).

Several research firms recently weighed in on BOO. Liberum Capital raised shares of boohoo group to a “buy” rating and set a GBX 380 ($4.96) price objective for the company in a research report on Friday, June 18th. Royal Bank of Canada upgraded shares of boohoo group to an “outperform” rating and boosted their target price for the company from GBX 380 ($4.96) to GBX 410 ($5.36) in a research report on Monday, July 12th. Shore Capital reiterated an “under review” rating on shares of boohoo group in a research report on Thursday, September 30th. Berenberg Bank lowered their price objective on shares of boohoo group from GBX 460 ($6.01) to GBX 350 ($4.57) and set a “buy” rating for the company in a research report on Thursday, October 7th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 400 ($5.23) target price on boohoo group in a research note on Tuesday, August 31st.

Shares of BOO traded up GBX 1.95 ($0.03) during trading hours on Monday, hitting GBX 180.30 ($2.36). 7,910,570 shares of the company were exchanged, compared to its average volume of 5,629,846. The company has a quick ratio of 0.46, a current ratio of 1.15 and a debt-to-equity ratio of 21.73. boohoo group has a fifty-two week low of GBX 177.81 ($2.32) and a fifty-two week high of GBX 378.90 ($4.95). The company has a market cap of £2.29 billion and a price-to-earnings ratio of 38.77. The firm’s fifty day moving average is GBX 255.55 and its 200 day moving average is GBX 296.24.

About boohoo group

boohoo group plc, through its subsidiaries, 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 for 16 to 40 year old 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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