Boohoo Group (LON:BOO) Receives Buy Rating from Numis Securities

Numis Securities reaffirmed their buy rating on shares of Boohoo Group (LON:BOO) in a research note published on Thursday, June 6th, ThisIsMoney.Co.Uk reports.

BOO has been the topic of a number of other research reports. Peel Hunt lifted their price target on Boohoo Group from GBX 300 ($3.92) to GBX 325 ($4.25) and gave the company a buy rating in a report on Tuesday, May 7th. HSBC assumed coverage on Boohoo Group in a report on Tuesday, February 12th. They set a buy rating and a GBX 240 ($3.14) price target on the stock. Liberum Capital reiterated a buy rating on shares of Boohoo Group in a report on Wednesday, April 24th. Shore Capital reiterated a buy rating on shares of Boohoo Group in a report on Wednesday, April 24th. Finally, Jefferies Financial Group reissued a buy rating on shares of Boohoo Group in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. Boohoo Group has an average rating of Buy and an average target price of GBX 265.50 ($3.47).

Shares of BOO traded up GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 211.70 ($2.77). The stock had a trading volume of 3,704,197 shares, compared to its average volume of 7,270,000. 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 company has a quick ratio of 1.35, a current ratio of 1.83 and a debt-to-equity ratio of 2.64. The firm has a 50 day moving average of GBX 228.55. The firm has a market cap of $2.46 billion and a P/E ratio of 66.16.

In other news, insider Brian Small purchased 20,000 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were purchased at an average cost of GBX 222 ($2.90) per share, for a total transaction 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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