Boohoo Group PLC -9.5% potential downside indicated by Deutsche

Boohoo Group PLC with ticker (LON:BOO) now has a potential downside of -9.5% according to Deutsche.

BOO.L

Deutsche set a target price of 27 GBX for the company, which when compared to the Boohoo Group PLC share price of 30 GBX at opening today (21/10/2024) indicates a potential downside of -9.5%. Trading has ranged between 26 (52 week low) and 43 (52 week high) with an average of 2,283,130 shares exchanging hands daily. The market capitalisation at the time of writing is £366,765,271.

Boohoo Group Plc is a United Kingdom-based holding company that operates through its subsidiary, which undertakes online clothing retailers. The Company designs, sources, markets and sells fashion clothing, home and beauty products to consumers globally. Its segments include the United Kingdom, the Rest of Europe, the United States and the Rest of the world. Its brands are complementary, vibrant and scalable, delivering on-trend fashion to its customers 24/7. It owns various brands, such as boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Wallis, Dorothy Perkins, Debenhams and Burton. Its brands design, source, market and sell clothing, shoes, accessories and beauty products targeted at 16 to 40-year-old consumers in the United Kingdom and internationally. The Company’s wholly owned subsidiary is Boohoo Holdings Limited.