Boohoo Group (BOO) Upgraded by Shore Capital to Buy

Boohoo Group (LON:BOO) was upgraded by equities research analysts at Shore Capital to a “buy” rating in a research report issued to clients and investors on Wednesday.

A number of other research analysts also recently issued reports on BOO. Peel Hunt restated a “buy” rating on shares of Boohoo Group in a research report on Friday, June 1st. Deutsche Bank restated a “buy” rating on shares of Boohoo Group in a research report on Friday, June 8th. Liberum Capital downgraded shares of Boohoo Group to a “hold” rating and set a GBX 220 ($2.87) price target on the stock. in a research report on Tuesday, June 12th. Barclays downgraded shares of Boohoo Group to an “equal weight” rating and boosted their price target for the stock from GBX 225 ($2.93) to GBX 240 ($3.13) in a research report on Wednesday, June 13th. Finally, Citigroup downgraded shares of Boohoo Group to a “neutral” rating and dropped their price target for the stock from GBX 235 ($3.06) to GBX 230 ($3.00) in a research report on Wednesday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 241.40 ($3.14).

Shares of LON BOO opened at GBX 206 ($2.68) on Wednesday. Boohoo Group has a 52-week low of GBX 1.89 ($0.02) and a 52-week high of GBX 328.93 ($4.28).

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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