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boohoo group Plc ( (GB:DEBS) ) has shared an announcement.
Boohoo Group Plc, operating as Debenhams Group, announced a correction to a typographical error found in the notice for their upcoming Annual General Meeting (AGM). The error pertained to the expiration date of certain resolutions, which should extend until September 19, 2026, instead of 2025. This correction does not necessitate a new proxy form, and the amended resolutions will be presented for voting at the AGM. The revised notice will be available on the company’s website, ensuring shareholders are informed of the changes.
The most recent analyst rating on (GB:DEBS) stock is a Sell with a £13.00 price target. To see the full list of analyst forecasts on boohoo group Plc stock, see the GB:DEBS Stock Forecast page.
Spark’s Take on GB:DEBS Stock
According to Spark, TipRanks’ AI Analyst, GB:DEBS is a Underperform.
boohoo group Plc’s stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s negative profitability and high leverage pose significant risks. Additionally, bearish technical signals and a negative P/E ratio further contribute to the low score.
To see Spark’s full report on GB:DEBS stock, click here.
More about boohoo group Plc
Debenhams Group is a prominent online retailer specializing in fashion, home, and beauty products, catering to a vast customer base across five key shopping platforms: Debenhams, Karen Millen, boohoo, MAN, and PLT. With roots dating back to 1778, the group has evolved into a leading online department store following the relaunch of Debenhams in 2021.
Average Trading Volume: 4,883,520
Technical Sentiment Signal: Sell
Current Market Cap: £180.2M
Learn more about DEBS stock on TipRanks’ Stock Analysis page.