Brokerages Set boohoo group plc (LON:BOO) Price Target at GBX 42.50

Shares of boohoo group plc (LON:BOO) have earned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 42.50 ($0.53).

Separately, Barclays reiterated an “underweight” rating and set a GBX 26 ($0.33) price objective on shares of boohoo group in a research note on Tuesday, April 9th.

boohoo group Price Performance

Shares of BOO stock opened at GBX 34.46 ($0.43) on Friday. The company has a debt-to-equity ratio of 119.07, a current ratio of 1.53 and a quick ratio of 0.92. The company has a market capitalization of £437.64 million, a P/E ratio of -492.29 and a beta of 1.78. The company’s 50-day simple moving average is GBX 34.36 and its two-hundred day simple moving average is GBX 35.28. boohoo group has a one year low of GBX 27.77 ($0.35) and a one year high of GBX 49.85 ($0.63).

About boohoo group

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.