boohoo group (BOO) Stock Forecast & Price Target

GBX 34.50

-0.94 (-2.65%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Headlines

boohoo group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for boohoo group in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 2 have given a sell rating, and 3 have given a hold rating for BOO.

Consensus Price Target

GBX 27.17

High Forecast	GBX 37
Average Forecast	GBX 27.17
Low Forecast	GBX 18.50

According to the 5 analysts' twelve-month price targets for boohoo group, the average price target is GBX 27.17. The highest price target for BOO is GBX 37, while the lowest price target for BOO is GBX 18.50. The average price target represents a forecasted downside of -21.26% from the current price of GBX 34.50.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Reduce	Reduce	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	GBX 27.17	GBX 27.17	GBX 42.50	GBX 46.63

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BOO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BOO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

boohoo group Stock vs. The Competition

Type	boohoo group	Consumer Cyclical Companies
Consensus Rating Score	1.60	2.50
Consensus Rating	Reduce	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/11/2024	JPMorgan Chase & Co. 3 of 5 stars	Lower Target	Neutral	GBX 45 ➝ GBX 37	+6.69%
5/8/2024	Shore Capital 1 of 5 stars	Reiterated Rating	Hold
4/9/2024	Barclays 2 of 5 stars	Reiterated Rating	Underweight	GBX 26	-29.19%
10/4/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sell	GBX 47 ➝ GBX 18.50	-38.35%
9/5/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral
5/22/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 45	+3.62%
Get the Latest News and Ratings for BOO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for boohoo group and its competitors with MarketBeat's FREE daily newsletter.
5/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 85	+105.31%
5/16/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	GBX 45 ➝ GBX 43	+3.86%
5/16/2023	Peel Hunt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
5/16/2023	Liberum Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sell	GBX 35	-13.30%
2/16/2023	Numis Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 35	-27.76%
1/26/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Underperform
1/20/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral	GBX 45	-0.66%
1/20/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:19 PM ET.

BOO Forecast - Frequently Asked Questions

What is boohoo group's forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for boohoo group is GBX 27.17, with a high forecast of GBX 37 and a low forecast of GBX 18.50.
Should I buy or sell boohoo group stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for boohoo group in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BOO shares.
Does boohoo group's stock price have much downside?: According to analysts, boohoo group's stock has a predicted downside of -19.63% based on their 12-month stock forecasts.
What analysts cover boohoo group?: boohoo group has been rated by research analysts at JPMorgan Chase & Co., and Shore Capital in the past 90 days.
Do Wall Street analysts like boohoo group more than its competitors?: Analysts like boohoo group less than other "consumer cyclical" companies. The consensus rating for boohoo group is Reduce while the average consensus rating for "consumer cyclical" companies is Moderate Buy. Learn more on how BOO compares to other companies.