Liberum downgrades Boohoo, slashes price target
6th Jul 2020 08:35
(Sharecast News) - Liberum cut its rating on shares of Boohoo to 'hold' from 'buy' on Monday and slashed the price target to 350p from 500p following weekend press reports about alleged illegal practices at a supplier factory in Leicester.
Read moreBoohoo to investigate alleged illegal practices at supplier
6th Jul 2020 08:03
(Sharecast News) - Fast-fashion retailer Boohoo said on Monday that it will investigate alleged illegal practices at a supplier in Leicester following reports that workers were being paid well below the minimum wage.
Read moreAsos Q3 likely to be muted, says Liberum
30th Jun 2020 13:31
(Sharecast News) - Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
Read moreBoohoo bosses could pocket £150m under new incentive plan
26th Jun 2020 09:52
(Sharecast News) - Booses at Boohoo could pocket a £150m bonus if shares of the fast-fashion retailer rise 66% over a three-year period.
Read moreWednesday broker round-up
24th Jun 2020 13:42
(Sharecast News) - G4S: Credit Suisse upgrades to outperform with a target price of 140p.
Read moreCredit Suisse ups target price for Boohoo but says shares 'fairly valued'
19th Jun 2020 12:45
(Sharecast News) - Analysts at Credit Suisse reiterated their 'hold' recommendation on shares Boohoo, explaining to them that while business was booming, growth was set to slow and their valuation was already at historic highs and well above peers' and their own historical level.
Read moreThursday broker round-up
18th Jun 2020 13:55
(Sharecast News) - Carnival: Berenberg downgrades to sell with a target price of 800p.
Read moreLiberum ups Boohoo price target after 'blowout' Q1
17th Jun 2020 13:31
(Sharecast News) - Broker Liberum reiterated its 'conviction buy' rating on shares of Boohoo on Wednesday and lifted its price target to 500p from 490p after the fast-fashion retailer's "blowout" first-quarter update.
Read moreBoohoo to buy Warehouse, Oasis; FY revenue to beat market views
17th Jun 2020 08:15
(Sharecast News) - Fast-fashion retailer Boohoo said on Wednesday that full-year revenue growth is set to beat market expectations, as it announced the acquisition of the online businesses and intellectual property of Oasis and Warehouse for £5.25m in cash.
Read moreBoohoo to announce acquisition of Oasis, Warehouse - report
16th Jun 2020 21:43
(Sharecast News) - Fast-fashion retailer Boohoo could announce the purchase of Oasis and Warehouse alongside its first-quarter results on Wednesday.
Read moreSunday newspaper round-up: Two meters, Rolls Royce, Clinigen
14th Jun 2020 19:22
(Sharecast News) - Senior scientists have reported flaws in an influential World Health Organization-commissioned study into the risks of coronavirus infection and say it should not be used as evidence for relaxing the UK's 2-metre physical distancing rule. Critics of the distancing advice, which states that people should keep at least 2 metres apart, believe it is too cautious. They seized on the research commissioned by the WHO, which suggested a reduction from 2 metres to 1 would raise infection risk only marginally, from 1.3% to 2.6%. - Guardian
Read moreTuesday broker round-up
9th Jun 2020 13:49
(Sharecast News) - Biffa: Citigroup downgrades to sell with a target price of 210p.
Read moreSunday newspaper round-up: Brexit, Toxic debt, SpaceX
31st May 2020 18:04
(Sharecast News) - The EU's chief negotiator has warned Boris Johnson that he must keep his promises if he wants to avoid the double economic hit of a no-deal Brexit and the coronavirus pandemic. In an exclusive interview, Michel Barnier accuses the prime minister of backsliding on commitments made in the political declaration. Issuing an ultimatum, he warned that there would not be an "agreement at any cost". - Sunday Times
Read moreSunday share tips: Capital Drilling, Boohoo
31st May 2020 17:01
(Sharecast News) - The difficult outlook in almost every sense has experts believing that conditions are set fair for the price of gold, which bodes well for gold miners as well as for those working for them, such as Capital Drilling, said the Mail on Sunday's Midas column.
Read moreLiberum raises target price on Boohoo
29th May 2020 11:16
(Sharecast News) - Analysts at Liberum raised their target price on online fashion retailer Boohoo from 430.0p to 490.0p on Friday, arguing that its recently announced acquisition of the remaining 34% stake in Prettylittlething that it didn't already hold was a "very shrewd and positive move".
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