Citigroup Inc. Trims Boohoo.Com PLC (BOO) Target Price to GBX 250
Boohoo.Com PLC (LON:BOO) had its price target reduced by Citigroup Inc. from GBX 270 ($3.63) to GBX 250 ($3.36) in a research note released on Thursday, MarketBeat Ratings reports. Citigroup Inc. currently has a neutral rating on the stock.
A number of other equities analysts also recently weighed in on BOO. Deutsche Bank AG initiated coverage on shares of Boohoo.Com PLC in a research note on Friday, June 30th. They issued a buy rating and a GBX 290 ($3.90) target price for the company. Peel Hunt increased their price target on shares of Boohoo.Com PLC from GBX 180 ($2.42) to GBX 260 ($3.50) and gave the company a buy rating in a research note on Friday, June 2nd. Barclays PLC raised shares of Boohoo.Com PLC to an overweight rating and increased their price target for the company from GBX 220 ($2.96) to GBX 265 ($3.56) in a research note on Wednesday, September 6th. Jefferies Group LLC reissued a buy rating and issued a GBX 125 ($1.68) price target on shares of Boohoo.Com PLC in a report on Thursday, June 8th. Finally, Shore Capital reissued a buy rating on shares of Boohoo.Com PLC in a report on Thursday, June 8th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 239.67 ($3.22).
Shares of Boohoo.Com PLC (BOO) opened at 213.25 on Thursday. The stock has a 50 day moving average price of GBX 239.10 and a 200-day moving average price of GBX 209.40. Boohoo.Com PLC has a 1-year low of GBX 99.00 and a 1-year high of GBX 328.93. The company’s market cap is GBX 2.45 billion.
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In related news, insider Carol Mary Kane sold 4,650,000 shares of the company’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of GBX 230 ($3.09), for a total value of £10,695,000 ($14,382,732.65). Also, insider Pierre Marie Jean-Louis Cuilleret acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The stock was bought at an average price of GBX 205 ($2.76) per share, with a total value of £205,000 ($275,685.85).
About Boohoo.Com PLC
boohoo.com plc is an online fashion retail group. The Company is based in the United Kingdom and has a strong presence in the United Kingdom, the United States, Europe and Australia, selling products to almost every country in the world. The Company owns the boohoo, boohooMAN, PrettyLittleThing and Nasty Gal brands.
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