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

Boohoo Group (LON:BOO)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a note issued to investors on Monday, February 4th.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada reiterated an “underperform” rating on shares of Boohoo Group in a research report on Friday, February 1st. Peel Hunt reiterated a “buy” rating on shares of Boohoo Group in a research report on Tuesday, January 15th. Shore Capital reiterated a “buy” rating on shares of Boohoo Group in a research report on Tuesday, January 15th. Finally, Barclays reduced their target price on shares of Boohoo Group from GBX 240 ($3.14) to GBX 190 ($2.48) and set an “equal weight” rating on the stock in a report on Wednesday, January 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Boohoo Group has a consensus rating of “Buy” and an average price target of GBX 231.73 ($3.03).

Shares of LON:BOO traded up GBX 2.80 ($0.04) during midday trading on Monday, hitting GBX 178 ($2.33). The stock had a trading volume of 4,126,941 shares, compared to its average volume of 7,270,000. Boohoo Group has a fifty-two week low of GBX 1.89 ($0.02) and a fifty-two week high of GBX 328.93 ($4.30).

In related news, insider Peter Wodehouse Williams bought 14,192 shares of the company’s stock in a transaction that occurred on Thursday, February 28th. The shares were bought at an average price of GBX 176 ($2.30) per share, for a total transaction 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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Analyst Recommendations for Boohoo Group (LON:BOO)

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