Shares of boohoo group plc (OTCMKTS:BHHOF – Get Rating) have earned an average recommendation of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $171.00.
Several analysts have commented on the company. Morgan Stanley reissued a “sell” rating on shares of boohoo group in a report on Thursday, April 14th. Barclays reissued a “sell” rating and set a $65.00 price objective on shares of boohoo group in a research note on Wednesday, June 1st. Investec raised boohoo group to a “hold” rating and set a $98.00 price objective on the stock in a research note on Monday, March 14th. Finally, Grupo Santander initiated coverage on boohoo group in a research note on Friday, March 4th. They set an “underperform” rating on the stock.
Shares of BHHOF opened at $0.85 on Friday. boohoo group has a 12 month low of $0.85 and a 12 month high of $0.85. The stock’s 50 day moving average is $1.24 and its two-hundred day moving average is $1.62.
boohoo group plc, through its subsidiaries, operates as an online clothing 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 age 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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