JPMorgan Chase & Co. downgraded shares of boohoo group (OTCMKTS:BHOOY – Get Rating) from an overweight rating to a neutral rating in a research report report published on Tuesday morning, The Fly reports.
Several other research analysts have also recently weighed in on the company. Morgan Stanley reduced their price target on boohoo group from GBX 70 ($0.86) to GBX 67 ($0.82) in a research report on Friday, June 17th. Barclays reduced their price target on boohoo group from GBX 85 ($1.04) to GBX 65 ($0.80) in a research report on Thursday, May 5th. Liberum Capital cut boohoo group from a buy rating to a hold rating in a research report on Wednesday, May 4th. Societe Generale cut boohoo group from a buy rating to a hold rating and set a GBX 72 ($0.88) price target for the company. in a research report on Friday, May 6th. Finally, Investec upgraded boohoo group from a sell rating to a hold rating in a research report on Monday, March 14th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and an average target price of $99.83.
boohoo group stock opened at $18.54 on Tuesday. boohoo group has a 52 week low of $16.71 and a 52 week high of $86.55. The stock has a 50-day moving average price of $19.73 and a 200 day moving average price of $25.72.
boohoo group plc, through its subsidiaries, operates as an online clothing 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 for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.
- Get a free copy of the StockNews.com research report on boohoo group (BHOOY)
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