boohoo group (OTCMKTS:BHOOY) Stock Rating Lowered by Panmure Gordon

Panmure Gordon downgraded shares of boohoo group (OTCMKTS:BHOOYGet Rating) from a buy rating to a hold rating in a research report released on Monday morning, The Fly reports.

Several other brokerages have also issued reports on BHOOY. The Goldman Sachs Group lowered boohoo group from a buy rating to a neutral rating in a research note on Sunday, November 20th. Societe Generale cut their price objective on boohoo group from GBX 43 ($0.51) to GBX 38 ($0.45) in a report on Thursday, September 29th. Royal Bank of Canada cut their price objective on boohoo group from GBX 65 ($0.77) to GBX 35 ($0.41) in a report on Thursday, September 29th. Morgan Stanley cut their price objective on boohoo group from GBX 56 ($0.66) to GBX 40 ($0.47) in a report on Friday, October 14th. Finally, JPMorgan Chase & Co. cut their price objective on boohoo group from GBX 85 ($1.01) to GBX 75 ($0.89) in a report on Thursday, September 29th. Two research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average target price of $57.88.

boohoo group Stock Performance

boohoo group stock opened at $8.23 on Monday. The stock’s fifty day moving average price is $8.57 and its two-hundred day moving average price is $13.06. boohoo group has a one year low of $8.23 and a one year high of $54.47.

boohoo group Company Profile

(Get Rating)

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 clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.

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