RE: Chances of price move up10 Oct 2023 10:16
Different views
Peel Hunt is more optimistic based on a 75p target, although it said yesterday that signs of sales stabilisation will be needed to change the mood towards the stock. Looking further ahead, the broker believes there’s a path for Boohoo to deliver a substantial margin recovery over 2025 and 2026 as one of the sector’s big recovery prospects.