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Boohoo Group PLC 37.7% Potential Upside Indicated by Societe Generale

Boohoo Group PLC using EPIC/TICKER code (LON:BOO) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Societe Generale. Boohoo Group PLC are listed in the Consumer Services sector within AIM. Societe Generale have set their target price at 285 GBX on its stock. This would imply the analyst believes there is now a potential upside of 37.7% from today’s opening price of 206.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.8 points and increased 8.6 points respectively. The 1 year high for the stock price is 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 230.24 GBX and a 200 Day Moving Average share price is recorded at 205.05. There are currently 1,162,811,822 shares in issue with the average daily volume traded being 4,575,116. Market capitalisation for LON:BOO is £2,427,951,119 GBP.