Barclays Lowers boohoo group (OTCMKTS:BHOOY) Price Target to GBX 65

boohoo group (OTCMKTS:BHOOYGet Rating) had its price target reduced by Barclays from GBX 85 ($1.06) to GBX 65 ($0.81) in a research note published on Thursday, The Fly reports.

A number of other equities analysts also recently commented on the company. JPMorgan Chase & Co. decreased their price target on boohoo group from GBX 230 ($2.87) to GBX 190 ($2.37) in a research note on Thursday. Zacks Investment Research downgraded shares of boohoo group from a buy rating to a hold rating in a report on Tuesday, March 15th. Morgan Stanley dropped their target price on shares of boohoo group from GBX 122 ($1.52) to GBX 111 ($1.39) in a report on Friday, March 11th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of boohoo group from GBX 230 ($2.87) to GBX 140 ($1.75) in a report on Tuesday. Finally, Investec raised shares of boohoo group from a sell rating to a hold rating in a report on Monday, March 14th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of Hold and an average target price of $101.67.

Shares of OTCMKTS:BHOOY opened at $17.89 on Thursday. boohoo group has a 12-month low of $17.89 and a 12-month high of $94.00. The company has a fifty day simple moving average of $23.96 and a 200 day simple moving average of $33.77.

About boohoo group (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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