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Dec 15 2021, 07:20 GMT
UK digital names are somewhat unloved in 2021, with Boohoo Group (BOO) now trading at par to a FTSE 350 P/E. The social conversation around ‘delivery’ is certainly elevated, but we find it difficult to opine over dogmatically on the back of data that can be interpreted in a number of ways. While the equity shouts ‘underpriced growth’, it may be prudent to wait for a P322 print or trading update.