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boohoo group Plc ( (GB:DEBS) ) just unveiled an announcement.
Debenhams Group announced that two of its Non-Executive Directors, Iain McDonald and John Goold, have purchased significant amounts of the company’s ordinary shares. McDonald acquired 300,161 shares, while Goold purchased 200,000 shares, signaling confidence in the company’s future prospects. These transactions, conducted on the London Stock Exchange, reflect a positive sentiment from the board members, potentially impacting investor perceptions and the company’s market positioning.
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 entity in the fashion, home, and beauty sectors, catering to a vast customer base through its five shopping platforms: Debenhams, Karen Millen, boohoo, MAN, and PLT. The group, with roots dating back to 1778, has evolved into a leading online retailer, having relaunched Debenhams as an online department store in 2021.
Average Trading Volume: 5,130,114
Technical Sentiment Signal: Sell
Current Market Cap: £167.9M
For detailed information about DEBS stock, go to TipRanks’ Stock Analysis page.