Boohoo Group PLC 7.4% Potential Decrease Indicated by Barclays Capital

Broker Ratings

Boohoo Group PLC using EPIC/TICKER code (LON:BOO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Barclays Capital. Boohoo Group PLC are listed in the Consumer Services sector within AIM. Barclays Capital have set a target price of 310 GBX on its stock. This now indicates the analyst believes there is a potential downside of -7.4% from today’s opening price of 334.8 GBX. Over the last 30 and 90 trading days the company share price has increased 50.2 points and increased 56.1 points respectively. The 1 year high for the stock price is 339.51 GBX while the year low share price is currently 168.9 GBX.

Boohoo Group PLC has a 50 day moving average of 293.97 GBX and a 200 day moving average of 255.86. There are currently 1,165,419,387 shares in issue with the average daily volume traded being 6,215,128. Market capitalisation for LON:BOO is £3,863,365,267 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.
Frasers Group plc calls for boohoo Group plc shareholders to vote for the removal of Executive Chairman Mahmud Kamani, urging leadership changes.
boohoo Group plc appoints Dan Finley as CEO, reflecting its evolving strategy, following his transformative leadership at Debenhams and JD Sports.
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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