boohoo group - BOO Share Forecast, Price & News

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. boohoo group plc was founded in 2006 and is headquartered in Manchester, the United Kingdom.

boohoo group Stock Down 3.7 %

BOO traded down GBX 2.14 ($0.03) during trading hours on Thursday, reaching GBX 55.40 ($0.67). 8,485,261 shares of the stock traded hands, compared to its average volume of 11,214,958. The firm's fifty day simple moving average is GBX 61.31 and its two-hundred day simple moving average is GBX 77.61. The company has a market cap of £702.27 million and a price-to-earnings ratio of -184.67. boohoo group has a fifty-two week low of GBX 51.40 ($0.62) and a fifty-two week high of GBX 289.90 ($3.50). The company has a debt-to-equity ratio of 32.72, a current ratio of 1.00 and a quick ratio of 0.32.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Barclays reduced their price objective on shares of boohoo group from GBX 65 ($0.79) to GBX 45 ($0.54) and set an "underweight" rating on the stock in a research note on Tuesday, June 28th. Berenberg Bank cut their price target on shares of boohoo group from GBX 190 ($2.30) to GBX 140 ($1.69) and set a "buy" rating on the stock in a research note on Wednesday, May 11th. Shore Capital reaffirmed a "hold" rating on shares of boohoo group in a research note on Wednesday. JPMorgan Chase & Co. downgraded shares of boohoo group to a "neutral" rating and cut their price target for the stock from GBX 190 ($2.30) to GBX 85 ($1.03) in a research note on Tuesday, June 21st. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of boohoo group from GBX 230 ($2.78) to GBX 140 ($1.69) and set a "buy" rating on the stock in a research note on Monday, May 2nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, boohoo group presently has a consensus rating of "Hold" and a consensus target price of GBX 188.89 ($2.28).