boohoo group (LON:BOO – Get Rating)‘s stock had its “sector perform” rating restated by research analysts at Royal Bank of Canada in a research report issued on Monday, LSE.Co.UK reports. They currently have a GBX 150 ($1.85) target price on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 89.33% from the stock’s previous close.
Other equities analysts also recently issued research reports about the company. Shore Capital downgraded boohoo group to a “hold” rating in a research note on Friday, May 6th. Barclays cut their target price on boohoo group from GBX 85 ($1.05) to GBX 65 ($0.80) and set an “underweight” rating on the stock in a research note on Wednesday, May 4th. JPMorgan Chase & Co. cut their target price on boohoo group from GBX 230 ($2.84) to GBX 190 ($2.34) and set an “overweight” rating on the stock in a research note on Thursday, May 5th. Morgan Stanley reaffirmed an “underweight” rating on shares of boohoo group in a report on Tuesday, April 26th. Finally, Liberum Capital cut shares of boohoo group to a “hold” rating and lowered their price target for the stock from GBX 200 ($2.47) to GBX 70 ($0.86) in a report on Wednesday, May 4th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 255.50 ($3.15).
BOO stock opened at GBX 79.23 ($0.98) on Monday. The company has a market capitalization of £1.00 billion and a P/E ratio of 17.30. The company has a debt-to-equity ratio of 21.73, a quick ratio of 0.46 and a current ratio of 1.15. boohoo group has a 52-week low of GBX 63.32 ($0.78) and a 52-week high of GBX 337 ($4.15). The business has a 50-day simple moving average of GBX 86.47 and a two-hundred day simple moving average of GBX 114.76.
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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