RE: Analysts……15 Nov 2022 08:57
The consensus price target fell 15% to UK£0.76, with the analysts clearly concerned about the company following the weaker revenue and earnings outlook. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on boohoo group, with the most bullish analyst valuing it at UK£1.65 and the most bearish at UK£0.30 per share. So we wouldn't be assigning too much credibility to analyst price targets in this case,