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A Different Perspective
We’re pleased to report that boohoo group shareholders have received a total shareholder return of 34% over one year. However, the TSR over five years, coming in at 58% per year, is even more impressive.
https://simplywall.st/stocks/gb/retail/aim-boo/boohoo-group-shares/news/introducing-boohoo-group-lonboo-the-stock-that-soared-898-in-the-last-five-years/
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Home » Reports » UK Broker Ratings » Boohoo Group 74.3% potential upside indicated
Boohoo Group
Boohoo Group 74.3% potential upside indicated
Article by: Giles Arbor 11th August 2020
Boohoo Group plc (LON:BOO) the UK-based online fashion retailer has an average target price of 399 pence taken from 6 brokers. When compared to today’s opening price of 296 pence this indicates an upside of 74.36%. Jefferies with the rating ‘Buy’ has set the highest target price of 500p followed by Barclays with a rating of overweight and a target price of 475 pence.
Boohoo has had a 52-week high of 433.5 pence and a 52-week low of 133.10 pence, currently trading around 295 pence (midday 11/08/20) and with a market capitalisation of 3.69B which is up from it’s pervious close of 292.4 pence.
Analyst Rachel Birkett CFA at Zeus Capital said, “We believe the shares currently present an opportunity for investors able to support the Group’s ongoing progress in developing and strengthening its ESG profile.”
"https://www.***************************/boohoo-group-74-3-potential-upside-indicated/412850520"
https://www.***************************/boohoo-group-74-3-potential-upside-indicated/412850520
looking now at the 1 month google chart, the line seems to show a leveling off of the price. Hoping it starts to climb again. 1 month chart gives a nice line of best fit- taking out the fluctuations (noise in intraday peaks and troughs).
on 19th of August the number of deaths were 19. That is fantastic. Could this be an indication the virus is disappearing?
https://www.worldometers.info/coronavirus/country/uk/
I was a bit foolish by being hesitant on selling but since the rise I have broke even-ish. I think this will hit 500 if the results are good, which everyone expects them to be. Fingers and toes crossed and lets make some money. Good luck all.
Also, just like to mention, as soon as you tell someone that you have shares, why do they immidiatley think your minted. I only have a few thousand, and over the years having lost and gained some money, I'd say I've probably broke evens or may be a bit non the up side. But I enjoy playing the game and think its good for the brain. Your always learning something new. Just don't invest money you cant afford to invest. But my long term bet on Boohoo is that its going to be as big as ASOS one day.
HSBC again: New U.S. sanctions add uncertainty for global banks looking to tap China market
https://www.cnbc.com/2020/08/11/new-us-sanctions-add-uncertainty-for-american-banks-looking-to-tap-china.html
Nice video. I'm thinking this is happening to HSBC (HSBA). Basically because of the dispute between china and USA. But we know that this will not be forever. Eventually some agreement will be reached and then price will start going up. Might take a few years though. HSBC Holdings are doing well in Asia and this is were European and US Banks want to break into.
https://international-adviser.com/people-moves-hsbc-private-banking-ahr-private-wealth-jtc/
https://seekingalpha.com/article/4366974-hsbc-extremely-cheap?utm_source=feed_articles_investing_ideas_all&utm_medium=referral
@seamus12, I agree with shopping experiences. It's an excuse to get out the house and do something. But at the moment I've turned my back on the high street. This Covid is hitting it hard. Also, high street shops are too slow to move with the times and fasions. Some of the high street shops don't know follow fashion trends and still showcase the same clothes, even when they don't sell. Primark is one thats an exeption. Also, Primark has done well because its managed to keep prices down and tender to the masses. Masses bring in the money. Every time I've been to Primark its been rammed and they do sell some nice clothes. Some of the stuff looks real trendy although T-shirts can be a bit thin compared to more expensive brands, so less of quality material, but still, they last long enough. I bought some nice T-shirts the once to match my joggers. They were £2.50 each (on sale) so bout 5 of. My joggers were £35. But the colour co-ordination was perfect and sporty looking. I guess when it boils down to it, when times are hard, you have to save money. As for B&M, I was too hasty and didn't do the research. I thought it was a discount store. Really, I wanted to buy Poundland shares but I they're no where to be found. During this pandemic and a recession on the cards, I'm thinking discount stores would be a perfect punt. But B&M has peaked from the looks of it and I remembered why. I think its because people were going crazy for DIY stuff at the start of the pandemic, but now I've read into it some more, they're having stock issues in some places, probably because suppliers aren't open or because sales have dropped of. When you've done your DIY - there's no more to do. So I'm guessing its kind of a short lived thing.
Yep - I watch a lot of movies (like most people). There were suppose to be a bunch of them being released this year. I thought the new wonder woman was going to be out by now, but due to the dreaded Corona, many movies have been put on hold.Not only that but due to social distancing, earlier on, the cinema by me had limited seating spaces between people created using multiple vacant seats (so even if they want to sell seats - they only get a limited number to sell - guessing 50% down). Also, I was thinking about, investing at a later date, but later found some articles saying they were going to get sued by another company (Cineplex) for dropping out of a deal. Vaccine likely to come next year sometime, so cinema's is going to be taking big hits for a while. Also, people might have now got accustomed to watching things at home, saving money etc, so cinemas are likely to be less favorable. Definitely going to see the price drop for a while. Wonder if they will go into administration and get bought out. Lets wait and see.
Just bought some B&M. Since people will be cash strapped they are likely to shop more online and at discount stores like B&M to save money. Not only that but I'm hearing a lot about increasing gap between rich and poor.
I'm speculating this will continue to go up. I hope I'm right.
Broker Forecast - Credit Suisse issues a broker note on B&M European Value Retail - outperform - price target 500
https://www.investegate.co.uk/News/-/889024/
Please click my username "zebuddie". I have a ton of research there that will help you make your decision. As for rising, its rising fast. Today it hit around 290 (from the intraday chart). Im guessing, the dip was just some people taking some profit, but should start rising soon as the emotions cease. There are people on hear that look for intraday trading. They will buy and after an increase in a few percent sell. If they catch the peaks and trophsat the right time they can make a bit of money. Personally, Im holding for another 10 years. Ive seen the reports and based on them I'm confident this is a company thats ahead of the other brands.
From what I know its a company this experiencing growth, revenues have been up year on year. Due to Corona virus lock-down people have been at home buying online. This has resulted in online sales going through the roof. I am optimistic that there is going to be more growth. They are also planning to open a new Leicester automated factory. Boohoo also has a giant warehouse in Manchester and trade around the world. The price of clothing is cheaper and the clothes appeal to a variety of ages. Due to the lower costs, we can expect that people will be more likely to shop at Boohoo in times of hardship. In my opinion, Boohoo in the clothing is like pound shops compared to other high street shops. So I can see them growing. Plus the historical financial reports and performance indicate a company worth investing in. To my knowledge they have no debt and 300 million spending power, and are making massive profits. The companies that ditched Boohoo only amounted to 6% of sales. Most analyst give it a buy or hold rating and I think out of 12 there were only 2 that gave it a sell. I've done a lot of research and came to the conclusion that the recent poor wages scandal, was fake news scare mongering and speculate that it was a campaign by short sellers to crash the stock. They tried to link Jalal Kamani to Boohoo but he had resigned his position at Boohoo 3 years ago. Also, Boohoo was not involved in malpractice and it was a third party supplier. From recent research HSE investigations did not issue any notices to any companies . Boohoo cut ties very early on with the 2 companies which were alleged to have been under paying workers. Also, so did Quiz. Also, I saw a petition to boycott Boohoo that only got 7 signatures, so not much support. Also, they have a large following on a number of social media sights and celebrities that promote their products. This is what I can remember from memory but all the research I am basing my decision on has been posted previously on here in the form of links. Please click my nickname "Zebuddie" and you should be able to view comprehensive reports, news articles, analyst ratings and lots more information. I do not want to say buy, as even when the company looks amazing and the facts point to it as a buy, the share price can still go down, just because of scare mongering news. But I can say I do think it is a buy in my opinion and would suggest that you read as much about Boohoo to understand them better.
https://www.nytimes.com/2020/08/02/business/Lord-and-Taylor-Bankruptcy.html