Societe Generale assumed coverage on shares of Boohoo Group (LON:BOO) in a report published on Wednesday, ThisIsMoney.Co.Uk reports. The firm issued a buy rating and a GBX 285 ($3.72) price objective on the stock.
Other equities research analysts have also issued reports about the company. Liberum Capital upgraded to a hold rating and set a GBX 840 ($10.98) price target for the company in a report on Wednesday, June 12th. Citigroup reduced their price target on Western Digital from $63.00 to $59.00 and set a buy rating for the company in a report on Tuesday, April 30th. Numis Securities restated a buy rating and issued a GBX 2,800 ($36.59) target price on shares of in a report on Thursday, June 13th. Barclays restated a buy rating on shares of 1&1 Drillisch in a report on Thursday, June 13th. Finally, HSBC set a $122.00 target price on Tiffany & Co. and gave the stock a buy rating in a report on Friday, June 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 267.27 ($3.49).
Shares of Boohoo Group stock opened at GBX 209.60 ($2.74) on Wednesday. The firm has a market cap of $2.44 billion and a price-to-earnings ratio of 65.50. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 2.64. Boohoo Group has a 52-week low of GBX 146.40 ($1.91) and a 52-week high of GBX 249.20 ($3.26). The firm’s 50-day moving average price is GBX 219.42.
In other Boohoo Group news, insider Brian Small purchased 20,000 shares of the business’s stock in a transaction dated Thursday, June 13th. The stock was bought at an average cost of GBX 222 ($2.90) per share, for a total transaction 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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