Boohoo Group (LON:BOO) Now Covered by Analysts at Societe Generale

Societe Generale initiated coverage on shares of Boohoo Group (LON:BOO) in a research note released on Wednesday, ThisIsMoney.Co.Uk reports. The firm issued a buy rating and a GBX 285 ($3.72) price objective on the stock.

BOO has been the topic of a number of other research reports. Peel Hunt restated a buy rating on shares of Helical in a research report on Monday, June 10th. HSBC set a $122.00 target price on shares of Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Liberum Capital upgraded shares of to a hold rating and set a GBX 840 ($10.98) target price on the stock in a research report on Wednesday, June 12th. Barclays restated a buy rating on shares of 1&1 Drillisch in a research report on Thursday, June 13th. Finally, Shore Capital restated a house stock rating on shares of in a research report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 267.27 ($3.49).

Shares of LON BOO traded down GBX 1.10 ($0.01) during trading hours on Wednesday, hitting GBX 208 ($2.72). 2,752,486 shares of the stock were exchanged, compared to its average volume of 7,270,000. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 2.64. The firm has a market cap of $2.42 billion and a P/E ratio of 65.00. The firm has a fifty day moving average of GBX 219.90. Boohoo Group has a 1-year low of GBX 146.40 ($1.91) and a 1-year high of GBX 249.20 ($3.26).

In other Boohoo Group news, insider Brian Small purchased 20,000 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was purchased at an average price of GBX 222 ($2.90) per share, with a total value of £44,400 ($58,016.46).

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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