Boohoo Group (BOO) Given New GBX 250 Price Target at Citigroup

Boohoo Group (LON:BOO) had its target price hoisted by Citigroup from GBX 200 ($2.61) to GBX 250 ($3.27) in a report released on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has a neutral rating on the stock.

Other equities analysts also recently issued research reports about the company. Morgan Stanley lowered their price target on Boohoo Group from GBX 200 ($2.61) to GBX 195 ($2.55) and set an equal weight rating on the stock in a report on Tuesday, February 26th. Barclays reiterated an equal weight rating on shares of Boohoo Group in a report on Thursday, March 28th. HSBC increased their price target on Boohoo Group from GBX 240 ($3.14) to GBX 280 ($3.66) and gave the company a buy rating in a report on Friday, April 26th. Royal Bank of Canada reiterated an underperform rating on shares of Boohoo Group in a report on Friday, February 1st. Finally, Jefferies Financial Group reiterated a buy rating on shares of Boohoo Group in a report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Boohoo Group presently has an average rating of Buy and a consensus target price of GBX 243.89 ($3.19).

LON:BOO opened at GBX 243 ($3.18) on Tuesday. Boohoo Group has a 52 week low of GBX 146.40 ($1.91) and a 52 week high of GBX 249.20 ($3.26). The company has a market capitalization of $2.83 billion and a P/E ratio of 75.94. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.35 and a current ratio of 1.83.

In related news, insider Peter Wodehouse Williams acquired 14,192 shares of the stock in a transaction dated Thursday, February 28th. The shares were acquired at an average price of GBX 176 ($2.30) per share, for a total transaction of £24,977.92 ($32,638.08).

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.

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Analyst Recommendations for Boohoo Group (LON:BOO)

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