Peel Hunt Reiterates Buy Rating for Boohoo.Com PLC (BOO)
Boohoo.Com PLC (LON:BOO)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 300 ($3.95) price target on the stock. Peel Hunt’s price target indicates a potential upside of 50.56% from the stock’s current price.
Several other analysts have also weighed in on BOO. Citigroup Inc. lowered their price objective on shares of Boohoo.Com PLC from GBX 270 ($3.55) to GBX 250 ($3.29) and set a “neutral” rating for the company in a research note on Thursday, September 28th. Barclays PLC reiterated an “overweight” rating and issued a GBX 260 ($3.42) price objective on shares of Boohoo.Com PLC in a research note on Thursday, September 28th. Beaufort Securities reiterated a “buy” rating on shares of Boohoo.Com PLC in a research note on Thursday, September 28th. Jefferies Group LLC lifted their price objective on shares of Boohoo.Com PLC from GBX 125 ($1.64) to GBX 280 ($3.68) and gave the company a “buy” rating in a research note on Thursday, September 28th. Finally, Shore Capital reiterated a “buy” rating on shares of Boohoo.Com PLC in a research note on Wednesday, September 20th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 239.67 ($3.15).
Shares of Boohoo.Com PLC (BOO) opened at GBX 199.25 ($2.62) on Friday. Boohoo.Com PLC has a one year low of GBX 108.51 ($1.43) and a one year high of GBX 328.93 ($4.33).
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In other Boohoo.Com PLC news, insider Carol Mary Kane sold 4,650,000 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of GBX 230 ($3.03), for a total transaction of £10,695,000 ($14,066,815.73). Also, insider Pierre Marie Jean-Louis Cuilleret purchased 100,000 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were acquired at an average price of GBX 205 ($2.70) per share, with a total value of £205,000 ($269,630.41).
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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