Deutsche Bank Aktiengesellschaft Trims boohoo group (OTCMKTS:BHOOY) Target Price to GBX 140

boohoo group (OTCMKTS:BHOOY – Get Rating) had its target price cut by Deutsche Bank Aktiengesellschaft from GBX 230 ($2.87) to GBX 140 ($1.75) in a report released on Tuesday, The Fly reports.

A number of other research analysts also recently commented on the stock. Royal Bank of Canada downgraded shares of boohoo group from an outperform rating to a sector perform rating in a research report on Tuesday, January 25th. Morgan Stanley decreased their target price on shares of boohoo group from GBX 122 ($1.52) to GBX 111 ($1.39) in a research report on Friday, March 11th. Zacks Investment Research downgraded shares of boohoo group from a buy rating to a hold rating in a research report on Tuesday, March 15th. Barclays downgraded shares of boohoo group from an equal weight rating to an underweight rating in a research report on Wednesday, February 9th. Finally, Investec raised shares of boohoo group from a sell rating to a hold rating in a research report on Monday, March 14th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $169.50.

Shares of BHOOY opened at $20.50 on Tuesday. The company’s 50 day moving average price is $24.28 and its 200 day moving average price is $34.13. boohoo group has a 52 week low of $17.95 and a 52 week high of $94.00.

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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