Boohoo.Com PLC (BOO) Receives Average Rating of “Buy” from Brokerages
Shares of Boohoo.Com PLC (LON:BOO) have earned an average rating of “Buy” from the twelve brokerages that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 218.56 ($2.85).
Several equities analysts have weighed in on BOO shares. Liberum Capital upgraded Boohoo.Com PLC to a “buy” rating and raised their target price for the company from GBX 185 ($2.41) to GBX 300 ($3.91) in a report on Thursday, June 8th. Shore Capital reiterated a “buy” rating on shares of Boohoo.Com PLC in a research note on Thursday, June 8th. Peel Hunt lifted their price objective on Boohoo.Com PLC from GBX 260 ($3.39) to GBX 300 ($3.91) and gave the stock a “buy” rating in a research note on Thursday, June 8th. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 125 ($1.63) price objective on shares of Boohoo.Com PLC in a research note on Thursday, June 8th. Finally, Beaufort Securities reiterated a “buy” rating on shares of Boohoo.Com PLC in a research note on Thursday, April 27th.
In other Boohoo.Com PLC news, insider Mahmud Abdullah Kamani sold 11,252,502 shares of Boohoo.Com PLC stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of GBX 220 ($2.86), for a total transaction of £24,755,504.40 ($32,237,927.33).
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Shares of Boohoo.Com PLC (LON BOO) opened at 244.25 on Tuesday. The stock has a 50 day moving average price of GBX 231.29 and a 200 day moving average price of GBX 188.21. Boohoo.Com PLC has a 12 month low of GBX 72.00 and a 12 month high of GBX 328.93. The stock’s market cap is GBX 2.74 billion.
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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