JPMorgan Chase & Co. Trims boohoo group (LON:BOO) Target Price to GBX 37

boohoo group (LON:BOOFree Report) had its price target trimmed by JPMorgan Chase & Co. from GBX 45 ($0.57) to GBX 37 ($0.47) in a research report report published on Tuesday morning, MarketBeat.com reports. The brokerage currently has a neutral rating on the stock.

Other analysts have also issued research reports about the company. Barclays reaffirmed an underweight rating and issued a GBX 26 ($0.33) target price on shares of boohoo group in a report on Tuesday, April 9th. Shore Capital reaffirmed a hold rating on shares of boohoo group in a report on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, boohoo group has a consensus rating of Hold and an average price target of GBX 27.17 ($0.35).

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boohoo group Stock Performance

Shares of LON BOO opened at GBX 33.26 ($0.42) on Tuesday. The company has a debt-to-equity ratio of 159.78, a quick ratio of 0.92 and a current ratio of 1.43. The firm has a market cap of £422.40 million, a price-to-earnings ratio of -302.36 and a beta of 1.75. The business’s 50-day simple moving average is GBX 34.61 and its 200-day simple moving average is GBX 35.61. boohoo group has a 52 week low of GBX 27.77 ($0.35) and a 52 week high of GBX 42.63 ($0.54).

boohoo group Company Profile

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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.

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