Liberum Capital Reiterates “Buy” Rating for Boohoo Group (BOO)

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Boohoo Group (LON:BOO)‘s stock had its “buy” rating reissued by Liberum Capital in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also commented on BOO. Shore Capital restated a “buy” rating on shares of Boohoo Group in a research note on Wednesday. Peel Hunt restated a “buy” rating on shares of Boohoo Group in a research note on Wednesday. Jefferies Financial Group restated a “buy” rating on shares of Boohoo Group in a research note on Tuesday, April 9th. Barclays restated an “equal weight” rating on shares of Boohoo Group in a research note on Thursday, March 28th. Finally, Morgan Stanley dropped their price target on shares of Boohoo Group from GBX 200 ($2.61) to GBX 195 ($2.55) and set an “equal weight” rating on the stock in a research note on Tuesday, February 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 225.90 ($2.95).

Boohoo Group stock opened at GBX 216.90 ($2.83) on Wednesday. The company has a market capitalization of $2.52 billion and a price-to-earnings ratio of 74.79. The company has a current ratio of 1.69, a quick ratio of 1.25 and a debt-to-equity ratio of 3.69. Boohoo Group has a twelve month low of GBX 146.40 ($1.91) and a twelve month high of GBX 247.80 ($3.24).

In other news, insider Peter Wodehouse Williams acquired 14,192 shares of the firm’s stock in a transaction that occurred on Thursday, February 28th. The stock was acquired at an average cost of GBX 176 ($2.30) per share, with a total value of £24,977.92 ($32,638.08).

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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