boohoo group (LON:BOO) Rating Reiterated by Credit Suisse Group

boohoo group (LON:BOOGet Rating)‘s stock had its “neutral” rating reaffirmed by research analysts at Credit Suisse Group in a research report issued to clients and investors on Friday, MarketBeat.com reports. They presently have a GBX 45 ($0.55) target price on the stock. Credit Suisse Group’s price objective would suggest a potential downside of 2.17% from the company’s current price.

Several other equities research analysts also recently weighed in on the stock. Berenberg Bank downgraded shares of boohoo group to a “hold” rating and reduced their target price for the company from GBX 140 ($1.71) to GBX 45 ($0.55) in a research note on Tuesday, November 29th. Shore Capital reissued a “hold” rating on shares of boohoo group in a research note on Wednesday, September 28th. Bank of America raised shares of boohoo group to a “buy” rating in a research note on Friday. Barclays set a GBX 30 ($0.37) price target on shares of boohoo group in a report on Friday, December 16th. Finally, Liberum Capital restated a “sell” rating and issued a GBX 35 ($0.43) price target on shares of boohoo group in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to MarketBeat, boohoo group has a consensus rating of “Hold” and an average target price of GBX 68.25 ($0.83).

boohoo group Price Performance

boohoo group stock opened at GBX 46 ($0.56) on Friday. The company has a market cap of £583.37 million and a price-to-earnings ratio of -153.33. The firm’s fifty day moving average is GBX 40.80 and its 200 day moving average is GBX 46.05. The company has a quick ratio of 0.92, a current ratio of 1.70 and a debt-to-equity ratio of 91.31. boohoo group has a 52-week low of GBX 30 ($0.37) and a 52-week high of GBX 109.11 ($1.33).

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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