boohoo group (OTCMKTS:BHOOY) Cut to “Neutral” at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of boohoo group (OTCMKTS:BHOOY – Get Rating) from an overweight rating to a neutral rating in a research report released on Tuesday morning, The Fly reports.

A number of other analysts have also recently issued reports on BHOOY. Morgan Stanley decreased their target price on boohoo group from GBX 70 ($0.86) to GBX 67 ($0.82) in a research report on Friday, June 17th. Societe Generale cut boohoo group from a buy rating to a hold rating and set a GBX 72 ($0.88) price objective for the company. in a research report on Friday, May 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on boohoo group from GBX 230 ($2.82) to GBX 140 ($1.71) in a research report on Tuesday, May 3rd. Barclays decreased their price objective on boohoo group from GBX 85 ($1.04) to GBX 65 ($0.80) in a research report on Thursday, May 5th. Finally, Credit Suisse Group cut boohoo group from an outperform rating to a neutral rating in a research report on Monday, May 16th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, boohoo group presently has a consensus rating of Hold and an average price target of $99.83.

BHOOY opened at $18.54 on Tuesday. boohoo group has a one year low of $16.71 and a one year high of $86.55. The business’s 50-day simple moving average is $19.73 and its 200-day simple moving average is $25.72.

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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