Boohoo Group PLC 17.2% Potential Upside Indicated by HSBC

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 ‘BUY’ this morning by analysts at HSBC. Boohoo Group PLC are listed in the Consumer Services sector within AIM. HSBC have set their target price at 280 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.2% from the opening price of 239 GBX. Over the last 30 and 90 trading days the company share price has increased 50.7 points and increased 50.9 points respectively. The 1 year high stock price is 247.8 GBX while the year low share price is currently 146.4 GBX.

Boohoo Group PLC has a 50 day moving average of 191.14 GBX and the 200 Day Moving Average price is recorded at 195.73. There are currently 1,162,811,822 shares in issue with the average daily volume traded being 7,575,386. Market capitalisation for LON:BOO is £2,798,888,020 GBP.

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