boohoo group (LON:BOO) Downgraded by BNP Paribas to “Neutral”

BNP Paribas lowered shares of boohoo group (LON:BOOFree Report) to a neutral rating in a research report sent to investors on Tuesday morning, MarketBeat reports.

Several other equities analysts have also recently weighed in on the stock. Barclays reiterated an underweight rating and issued a GBX 30 ($0.38) price objective on shares of boohoo group in a research note on Wednesday, May 17th. Liberum Capital reiterated a sell rating and issued a GBX 35 ($0.44) price objective on shares of boohoo group in a research note on Tuesday, May 16th. JPMorgan Chase & Co. lowered their price objective on shares of boohoo group from GBX 65 ($0.82) to GBX 55 ($0.69) and set a neutral rating on the stock in a research note on Wednesday, May 24th. Berenberg Bank restated a hold rating and set a GBX 45 ($0.57) target price on shares of boohoo group in a research note on Monday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of boohoo group from GBX 45 ($0.57) to GBX 43 ($0.54) and set a hold rating on the stock in a research note on Tuesday, May 16th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, boohoo group currently has a consensus rating of Hold and an average target price of GBX 46.63 ($0.59).

View Our Latest Stock Report on boohoo group

boohoo group Price Performance

BOO opened at GBX 35.13 ($0.44) on Tuesday. The company has a debt-to-equity ratio of 115.90, a quick ratio of 0.92 and a current ratio of 1.62. The stock has a market capitalization of £446.15 million, a P/E ratio of -585.50 and a beta of 1.83. The company’s 50-day simple moving average is GBX 35.53 and its two-hundred day simple moving average is GBX 42.95. boohoo group has a 52-week low of GBX 30 ($0.38) and a 52-week high of GBX 60.94 ($0.77).

boohoo group Company Profile

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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 (LON:BOO)

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