Boohoo Group (LON:BOO) had its target price lifted by research analysts at Jefferies Financial Group from GBX 280 ($3.66) to GBX 300 ($3.92) in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 30.66% from the company’s current price.
A number of other brokerages have also recently issued reports on BOO. Peel Hunt lifted their price target on shares of Boohoo Group from GBX 300 ($3.92) to GBX 325 ($4.25) and gave the company a “buy” rating in a research report on Tuesday, May 7th. Citigroup lifted their price target on shares of Boohoo Group from GBX 200 ($2.61) to GBX 250 ($3.27) and gave the company a “neutral” rating in a research report on Tuesday, April 30th. Numis Securities reissued a “buy” rating and set a GBX 290 ($3.79) price target on shares of Boohoo Group in a research report on Monday, April 29th. HSBC lifted their price target on shares of Boohoo Group from GBX 240 ($3.14) to GBX 280 ($3.66) and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Barclays lifted their price target on shares of Boohoo Group from GBX 190 ($2.48) to GBX 230 ($3.01) and gave the company an “equal weight” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 254 ($3.32).
LON:BOO opened at GBX 229.60 ($3.00) on Wednesday. Boohoo Group has a 12 month low of GBX 146.40 ($1.91) and a 12 month high of GBX 249.20 ($3.26). The company has a debt-to-equity ratio of 2.64, a current ratio of 1.83 and a quick ratio of 1.35. The stock has a market capitalization of $2.68 billion and a PE ratio of 71.75.
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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