Boohoo Group (LON:BOO) Stock Rating Reaffirmed by Liberum Capital
Liberum Capital reissued their buy rating on shares of Boohoo Group (LON:BOO) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
A number of other research analysts also recently issued reports on the company. Goldman Sachs Group boosted their price target on Boohoo Group from GBX 490 ($6.03) to GBX 500 ($6.15) and gave the company a buy rating in a report on Thursday, June 18th. Shore Capital reiterated a hold rating on shares of Boohoo Group in a research note on Wednesday, June 17th. Barclays raised their price target on shares of Boohoo Group from GBX 425 ($5.23) to GBX 470 ($5.78) and gave the company an overweight rating in a research report on Thursday, June 18th. Peel Hunt reaffirmed a buy rating and issued a GBX 475 ($5.85) price objective (up previously from GBX 425 ($5.23)) on shares of Boohoo Group in a report on Monday, June 15th. Finally, Sanford C. Bernstein lifted their price objective on shares of Boohoo Group from GBX 415 ($5.11) to GBX 480 ($5.91) and gave the company an outperform rating in a report on Wednesday, June 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 408.46 ($5.03).
Shares of LON BOO opened at GBX 406 ($5.00) on Friday. The business’s 50 day moving average price is GBX 375.95 and its 200 day moving average price is GBX 300.64. The firm has a market cap of $5.15 billion and a P/E ratio of 77.13. Boohoo Group has a 52 week low of GBX 1.33 ($0.02) and a 52 week high of GBX 433.50 ($5.33). The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 6.38.
boohoo group plc 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 through the Websites to a market of 16 to 30 year old consumers. It offers its products for men, and women.
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