boohoo group plc (OTCMKTS:BHOOY) Receives Average Rating of “Hold” from Analysts

Shares of boohoo group plc (OTCMKTS:BHOOYGet Rating) have received a consensus rating of “Hold” from the twelve ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $46.14.

Several research analysts have recently issued reports on BHOOY shares. Morgan Stanley decreased their price target on boohoo group from GBX 56 ($0.66) to GBX 40 ($0.47) in a research note on Friday, October 14th. Barclays cut their price objective on boohoo group from GBX 37 ($0.43) to GBX 30 ($0.35) in a report on Thursday, September 29th. JPMorgan Chase & Co. cut their price objective on boohoo group from GBX 85 ($1.00) to GBX 75 ($0.88) in a report on Thursday, September 29th. Credit Suisse Group cut their price objective on boohoo group from GBX 80 ($0.94) to GBX 45 ($0.53) in a report on Thursday, September 29th. Finally, Deutsche Bank Aktiengesellschaft lowered boohoo group from a “buy” rating to a “hold” rating in a research report on Friday, October 14th.

boohoo group Price Performance

Shares of BHOOY opened at $8.23 on Friday. The business’s 50 day moving average is $8.71 and its two-hundred day moving average is $13.45. boohoo group has a 52-week low of $8.23 and a 52-week high of $54.47.

About boohoo group

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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-45-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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Analyst Recommendations for boohoo group (OTCMKTS:BHOOY)

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