boohoo group (LON:BOO) Stock Rating Reaffirmed by Morgan Stanley

Morgan Stanley reissued their underweight rating on shares of boohoo group (LON:BOOGet Rating) in a research note released on Thursday, MarketBeat reports.

A number of other research analysts also recently weighed in on BOO. Jefferies Financial Group set a GBX 430 ($5.60) price target on shares of boohoo group in a report on Thursday, December 16th. Berenberg Bank dropped their target price on shares of boohoo group from GBX 350 ($4.56) to GBX 190 ($2.48) and set a buy rating on the stock in a report on Wednesday, April 6th. Liberum Capital reiterated a buy rating and issued a GBX 200 ($2.61) target price on shares of boohoo group in a report on Thursday, March 10th. Barclays reiterated an underweight rating on shares of boohoo group in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a buy rating and issued a GBX 230 ($3.00) target price on shares of boohoo group in a report on Friday, March 11th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Buy and a consensus target price of GBX 313.50 ($4.09).

boohoo group stock opened at GBX 92.50 ($1.21) on Thursday. The company has a market capitalization of £1.17 billion and a P/E ratio of 20.11. The firm’s fifty day simple moving average is GBX 89.03 and its 200-day simple moving average is GBX 135.46. The company has a current ratio of 1.15, a quick ratio of 0.46 and a debt-to-equity ratio of 21.73. boohoo group has a 1-year low of GBX 63.32 ($0.83) and a 1-year high of GBX 364.90 ($4.76).

boohoo group Company Profile (Get Rating)

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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