Boohoo.Com PLC (BOO) Rating Reiterated by Peel Hunt
Boohoo.Com PLC (LON:BOO)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Thursday. They currently have a GBX 300 ($3.96) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 49.63% from the company’s previous close.
A number of other brokerages also recently commented on BOO. N+1 Singer restated a “hold” rating on shares of Boohoo.Com PLC in a research note on Wednesday, September 27th. Barclays PLC upgraded Boohoo.Com PLC to an “overweight” rating and upped their price objective for the stock from GBX 220 ($2.90) to GBX 265 ($3.50) in a research note on Wednesday, September 6th. Jefferies Group LLC upped their price objective on Boohoo.Com PLC from GBX 125 ($1.65) to GBX 280 ($3.69) and gave the stock a “buy” rating in a research note on Thursday, September 28th. Liberum Capital restated a “buy” rating and set a GBX 300 ($3.96) price objective on shares of Boohoo.Com PLC in a research note on Wednesday, September 27th. Finally, Deutsche Bank AG restated a “buy” rating and set a GBX 290 ($3.83) price objective on shares of Boohoo.Com PLC in a research note on Friday, September 8th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 239.67 ($3.16).
In other Boohoo.Com PLC news, insider Pierre Marie Jean-Louis Cuilleret purchased 100,000 shares of Boohoo.Com PLC stock in a transaction on Thursday, September 28th. The stock was bought at an average price of GBX 205 ($2.71) per share, for a total transaction of £205,000 ($270,519.93). Also, insider Carol Mary Kane sold 4,650,000 shares of the business’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of GBX 230 ($3.04), for a total value of £10,695,000 ($14,113,222.49).
Boohoo.Com PLC 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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