Berenberg Bank Reiterates “Hold” Rating for boohoo group (LON:BOO)

Berenberg Bank restated their hold rating on shares of boohoo group (LON:BOO – Get Rating) in a research report released on Monday, Marketbeat Ratings reports. The brokerage currently has a GBX 45 ($0.56) price objective on the stock.

Several other analysts have also recently weighed in on BOO. Liberum Capital reaffirmed a sell rating and issued a GBX 35 ($0.44) price target on shares of boohoo group in a report on Tuesday, May 16th. Royal Bank of Canada lowered boohoo group to an underperform rating in a research report on Thursday, January 26th. Shore Capital restated a hold rating on shares of boohoo group in a research report on Monday, May 15th. Jefferies Financial Group restated a buy rating and set a GBX 85 ($1.06) price target on shares of boohoo group in a research report on Wednesday, May 17th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on boohoo group from GBX 45 ($0.56) to GBX 43 ($0.53) and set a hold rating on the stock in a research report on Tuesday, May 16th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, boohoo group presently has a consensus rating of Hold and an average target price of GBX 58.11 ($0.72).

boohoo group Stock Performance

LON:BOO opened at GBX 43.01 ($0.53) on Monday. The business’s 50-day moving average price is GBX 49.72 and its two-hundred day moving average price is GBX 46.60. boohoo group has a twelve month low of GBX 30 ($0.37) and a twelve month high of GBX 92.28 ($1.15). The stock has a market cap of £546.23 million, a P/E ratio of -1,433.67 and a beta of 1.80. 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 Company Profile

(Get Rating)

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.