Investec Reaffirms Buy Rating for Boohoo.Com (BOO)
Investec restated their buy rating on shares of Boohoo.Com (LON:BOO) in a research note issued to investors on Thursday morning. The brokerage currently has a GBX 270 ($3.66) target price on the stock.
BOO has been the topic of a number of other reports. Barclays reaffirmed an overweight rating on shares of Boohoo.Com in a report on Wednesday, October 4th. Peel Hunt reaffirmed a buy rating and set a GBX 300 ($4.07) price target on shares of Boohoo.Com in a report on Tuesday, December 5th. Deutsche Bank reaffirmed a buy rating and set a GBX 290 ($3.93) price target on shares of Boohoo.Com in a report on Friday, December 8th. N+1 Singer reaffirmed a hold rating on shares of Boohoo.Com in a report on Wednesday, September 27th. Finally, Citigroup lowered their price target on Boohoo.Com from GBX 270 ($3.66) to GBX 250 ($3.39) and set a neutral rating on the stock in a report on Thursday, September 28th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Boohoo.Com currently has a consensus rating of Buy and a consensus target price of GBX 260.63 ($3.53).
Shares of Boohoo.Com (LON BOO) opened at GBX 182.70 ($2.48) on Thursday. The company has a market capitalization of $2,140.00 and a price-to-earnings ratio of 9,135.00. Boohoo.Com has a 12 month low of GBX 1.89 ($0.03) and a 12 month high of GBX 328.93 ($4.46).
In other news, insider Iain McDonald bought 25,000 shares of the stock in a transaction on Friday, December 8th. The shares were bought at an average price of GBX 174 ($2.36) per share, with a total value of £43,500 ($58,991.05).
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Boohoo.Com Company Profile
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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