Boohoo Group (BOO) Rating Reiterated by Shore Capital

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Boohoo Group (LON:BOO)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a note issued to investors on Friday.

Several other equities analysts have also recently weighed in on BOO. Peel Hunt reissued a “buy” rating on shares of Boohoo Group in a research report on Thursday, January 3rd. Liberum Capital reissued a “buy” rating on shares of Boohoo Group in a research report on Tuesday, January 15th. Barclays cut their price objective on Boohoo Group from GBX 240 ($3.14) to GBX 190 ($2.48) and set an “equal weight” rating for the company in a research report on Wednesday, January 16th. Royal Bank of Canada reissued an “underperform” rating on shares of Boohoo Group in a research report on Friday, February 1st. Finally, HSBC initiated coverage on Boohoo Group in a research report on Tuesday, February 12th. They set a “buy” rating and a GBX 240 ($3.14) price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 231.73 ($3.03).

LON BOO opened at GBX 178 ($2.33) on Friday. Boohoo Group has a twelve month low of GBX 1.89 ($0.02) and a twelve month high of GBX 328.93 ($4.30).

In other news, insider Peter Wodehouse Williams purchased 14,192 shares of the business’s stock in a transaction on Thursday, February 28th. The stock was purchased at an average price of GBX 176 ($2.30) per share, with a total value of £24,977.92 ($32,638.08).

Boohoo Group Company Profile

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.

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Analyst Recommendations for Boohoo Group (LON:BOO)

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