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Birmingham Post
Birmingham Post
Business
Jon Robinson

Boohoo's 'prospects look good' despite City analyst dropping target share price

Boohoo's "prospects look good" as long as it can manage its way out of the post-Covid period, a City analyst has said.

Panmure Gordan has revealed its conclusions after the fashion retailer posted its results the 12 months to February 28, 2022, recently.

The firm has also dropped its target share price for Boohoo from 140p to 120p. On the afternoon of Friday, May 13, the company's share price was just over 80p.

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