boohoo group (OTCMKTS:BHOOY) Downgraded by Societe Generale to Hold

boohoo group (OTCMKTS:BHOOYGet Rating) was downgraded by stock analysts at Societe Generale from a “buy” rating to a “hold” rating in a report released on Friday, The Fly reports.

A number of other analysts also recently issued reports on the company. Barclays decreased their price target on boohoo group from GBX 85 ($1.06) to GBX 65 ($0.81) in a report on Thursday. Investec raised boohoo group from a “sell” rating to a “hold” rating in a report on Monday, March 14th. Deutsche Bank Aktiengesellschaft decreased their price target on boohoo group from GBX 230 ($2.87) to GBX 140 ($1.75) in a report on Tuesday. JPMorgan Chase & Co. decreased their price target on boohoo group from GBX 230 ($2.87) to GBX 190 ($2.37) in a report on Thursday. Finally, Royal Bank of Canada downgraded boohoo group from an “outperform” rating to a “sector perform” rating in a report on Tuesday, January 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $107.60.

OTCMKTS:BHOOY opened at $17.89 on Friday. The stock has a fifty day moving average price of $23.96 and a 200 day moving average price of $33.77. boohoo group has a 12-month low of $17.89 and a 12-month 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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