Boohoo Group (LON:BOO) Given Buy Rating at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Boohoo Group (LON:BOO) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently weighed in on BOO. Numis Securities reiterated a buy rating on shares of Boohoo Group in a research report on Thursday, June 13th. Peel Hunt reiterated a buy rating and issued a GBX 325 ($4.25) price target on shares of Boohoo Group in a research note on Monday, June 10th. Societe Generale started coverage on shares of Boohoo Group in a research note on Wednesday, July 10th. They issued a buy rating and a GBX 285 ($3.72) price target for the company. Jefferies Financial Group boosted their price objective on shares of Boohoo Group from GBX 280 ($3.66) to GBX 300 ($3.92) and gave the stock a buy rating in a research report on Wednesday, June 12th. Finally, Shore Capital restated a hold rating on shares of Boohoo Group in a research report on Wednesday, June 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of GBX 267.27 ($3.49).

Boohoo Group stock opened at GBX 237.40 ($3.10) on Tuesday. Boohoo Group has a 12-month low of GBX 146.40 ($1.91) and a 12-month high of GBX 249.20 ($3.26). The firm has a market capitalization of $2.78 billion and a PE ratio of 74.19. The stock’s 50-day moving average price is GBX 219.02. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 2.64.

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

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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