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Boohoo Group PLC 32.4% Potential Upside Indicated by HSBC

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 HSBC. Boohoo Group PLC are listed in the Consumer Services sector within AIM. HSBC have set a target price of 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 32.4% from the opening price of 219 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.1 points and increased 42.65 points respectively. The 52 week high for the share price is currently at 249.5 GBX while the 52 week low for the share price is 146.4 GBX.

Boohoo Group PLC has a 50 day moving average of 231.48 GBX and the 200 Day Moving Average price is recorded at 203.23. There are currently 1,162,811,822 shares in issue with the average daily volume traded being 5,286,452. Market capitalisation for LON:BOO is £2,553,534,832 GBP.