Boohoo Group (LON:BOO) Price Target Raised to GBX 370 at Liberum Capital

Boohoo Group (LON:BOO) had its price objective upped by Liberum Capital from GBX 340 ($4.47) to GBX 370 ($4.87) in a report issued on Tuesday, Stock Target Advisor reports. They currently have a buy rating on the stock.

Several other analysts also recently weighed in on BOO. CSFB began coverage on shares of Boohoo Group in a research note on Tuesday, December 17th. They issued an outperform rating for the company. Jefferies Financial Group reaffirmed a buy rating and set a GBX 375 ($4.93) price objective on shares of Boohoo Group in a research note on Tuesday, January 7th. Credit Suisse Group began coverage on shares of Boohoo Group in a research note on Tuesday, December 17th. They set an outperform rating and a GBX 300 ($3.95) price objective for the company. Peel Hunt reaffirmed a buy rating on shares of Boohoo Group in a research note on Monday. Finally, Shore Capital reaffirmed a buy rating on shares of Boohoo Group in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. Boohoo Group currently has an average rating of Buy and a consensus target price of GBX 310.38 ($4.08).

Boohoo Group stock opened at GBX 329.54 ($4.33) on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 8.85. The company has a market capitalization of $3.89 billion and a PE ratio of 76.64. The firm has a fifty day simple moving average of GBX 295.51 and a two-hundred day simple moving average of GBX 259.57. Boohoo Group has a twelve month low of GBX 168.90 ($2.22) and a twelve month high of GBX 316.90 ($4.17).

In related news, insider Carol Mary Kane sold 15,000,000 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of GBX 285 ($3.75), for a total transaction of £42,750,000 ($56,235,201.26).

About Boohoo Group

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.

Further Reading: S&P/ASX 200 Index

Analyst Recommendations for Boohoo Group (LON:BOO)

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