Boohoo Group (BOO)

Sector:

Retailers

Index:

FTSE AIM 100

33.62p
   
  • Change Today:
    -0.68p
  • 52 Week High: 50.60
  • 52 Week Low: 29.32
  • Currency: UK Pounds
  • Shares Issued: 1,268.68m
  • Volume: 3,338,049
  • Market Cap: £426.53m
  • RiskGrade: 206

RBC Capital downgrades Boohoo, lacks confidence in top-line recovery

By Michele Maatouk

Date: Tuesday 25 Jan 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets downgraded fast-fashion retailer Boohoo to 'sector perform' from 'outperform' on Tuesday, slashing the price target to 150p from 330p.
The bank said it lacks confidence in the company's top-line recovery, especially while its international proposition remains uncompetitive.

"We believe offering a competitive customer proposition is necessary in order to at least maintain market share," RBC said.

"As such, we view boohoo as vulnerable to further market share loss."

The bank said its price target was cut as it lowered its adjusted EBITDA estimates by around 40% "following the recent soft trading performance and outlook".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Boohoo Group Market Data

Currency UK Pounds
Share Price 33.62p
Change Today -0.68p
% Change -1.98 %
52 Week High 50.60
52 Week Low 29.32
Volume 3,338,049
Shares Issued 1,268.68m
Market Cap £426.53m
RiskGrade 206

Boohoo Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.47% below the market average30.47% below the market average30.47% below the market average30.47% below the market average30.47% below the market average
10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average
Price Trend
41.97% below the market average41.97% below the market average41.97% below the market average41.97% below the market average41.97% below the market average
45% below the sector average45% below the sector average45% below the sector average45% below the sector average45% below the sector average
Income Not Available
Growth
85.11% below the market average85.11% below the market average85.11% below the market average85.11% below the market average85.11% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 7
Strong Sell 1
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Boohoo Group Dividends

No dividends found

Trades for 24-Apr-2024

Time Volume / Share Price
16:35 371,127 @ 33.62p
16:35 6,630 @ 33.62p
16:35 3,729 @ 33.62p
16:35 894 @ 33.62p
16:35 6,256 @ 33.62p

Boohoo Group Key Personnel

CFO Stephen Morana
CEO John Lyttle

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