Boohoo Group PLC 34.1% Potential Upside Indicated by Jefferies International

Broker Ratings

Boohoo Group PLC with EPIC/TICKER (LON:BOO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Boohoo Group PLC are listed in the Consumer Services sector within AIM. Jefferies International have set their target price at 300 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.1% from the opening price of 223.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and increased 45.2 points respectively. The 1 year high share price is 249.5 GBX while the year low share price is currently 146.4 GBX.

Boohoo Group PLC has a 50 day moving average of 229.78 GBX and a 200 Day Moving Average share price is recorded at 202.64. There are currently 1,162,811,822 shares in issue with the average daily volume traded being 5,010,470. Market capitalisation for LON:BOO is £2,698,886,309 GBP.

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Boohoo Group PLC sells its Soho office for £49.5m to strengthen its finances and pay off a term loan, enhancing its financial flexibility.
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boohoo Group plc addresses recent announcements by Frasers Group, clarifying Board representation, CEO role, and debt refinancing to protect shareholder interests.
Frasers Group plc seeks to appoint Mike Ashley as CEO and Mike Lennon as a director at boohoo, urging shareholder support for strategic change.

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