boohoo group (LON:BOO) Earns “Hold” Rating from Shore Capital

Shore Capital restated their hold rating on shares of boohoo group (LON:BOO) in a research report released on Wednesday morning, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. decreased their target price on shares of boohoo group from GBX 45 ($0.59) to GBX 37 ($0.48) and set a neutral rating for the company in a research report on Tuesday, June 11th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Reduce and a consensus target price of GBX 27.13 ($0.35).

boohoo group Price Performance

The company has a debt-to-equity ratio of 159.78, a quick ratio of 0.92 and a current ratio of 1.43. boohoo group has a twelve month low of GBX 26.48 ($0.35) and a twelve month high of GBX 42.63 ($0.56). The business has a fifty day moving average price of GBX 30.92 and a 200-day moving average price of GBX 33.28. The firm has a market cap of £370.22 million, a PE ratio of -265.01 and a beta of 1.80.

About boohoo group

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 fashion clothing, home and beauty products, shoes, and accessories for 16-to-60+ year age customers.