Boohoo Group (LON:BOO) Given New GBX 375 Price Target at Jefferies Financial Group

Boohoo Group (LON:BOO) had its price objective upped by Jefferies Financial Group from GBX 325 ($4.25) to GBX 375 ($4.90) in a research report report published on Tuesday, Digital Look reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Goldman Sachs Group began coverage on Boohoo Group in a report on Friday, October 25th. They set a buy rating and a GBX 330 ($4.31) price objective on the stock. Barclays increased their target price on Boohoo Group from GBX 240 ($3.14) to GBX 280 ($3.66) and gave the stock an equal weight rating in a report on Friday, September 6th. Shore Capital restated a buy rating on shares of Boohoo Group in a research report on Tuesday. Peel Hunt restated a buy rating and set a GBX 350 ($4.57) target price on shares of Boohoo Group in a research report on Tuesday, October 15th. Finally, Liberum Capital reaffirmed a buy rating on shares of Boohoo Group in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 302.50 ($3.95).

LON:BOO opened at GBX 276 ($3.61) on Tuesday. The firm has a market capitalization of $3.22 billion and a PE ratio of 64.19. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 8.85. Boohoo Group has a 12-month low of GBX 146.40 ($1.91) and a 12-month high of GBX 316.80 ($4.14). The firm has a 50-day moving average price of GBX 278.82 and a 200 day moving average price of GBX 247.24.

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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