Analysts Set Boohoo Group PLC (BOO) Target Price at $248.57

Shares of Boohoo Group PLC (LON:BOO) have earned an average recommendation of “Buy” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 248.57 ($3.24).

Several analysts have recently issued reports on BOO shares. Citigroup lowered Boohoo Group to a “neutral” rating and reduced their target price for the stock from GBX 235 ($3.06) to GBX 230 ($3.00) in a report on Wednesday, July 25th. Peel Hunt reaffirmed a “buy” rating on shares of Boohoo Group in a research note on Thursday, August 23rd. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 290 ($3.78) price objective on shares of Boohoo Group in a research note on Thursday, August 23rd. Royal Bank of Canada reaffirmed an “underperform” rating and issued a GBX 140 ($1.82) price objective on shares of Boohoo Group in a research note on Thursday, August 23rd. Finally, Liberum Capital raised Boohoo Group to a “buy” rating in a research note on Wednesday, July 18th.

Shares of BOO traded up GBX 0.25 ($0.00) during trading hours on Wednesday, hitting GBX 170 ($2.21). 3,407,634 shares of the company were exchanged, compared to its average volume of 7,270,000. Boohoo Group has a fifty-two week low of GBX 1.89 ($0.02) and a fifty-two week high of GBX 328.93 ($4.28).

Boohoo Group Company Profile

boohoo.com 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.

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Analyst Recommendations for Boohoo Group (LON:BOO)

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