Boohoo.Com Plc (BHOOY) Raised to Buy at Zacks Investment Research
Boohoo.Com Plc (NASDAQ:BHOOY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The brokerage presently has a $65.00 price target on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 10.23% from the stock’s previous close.
According to Zacks, “boohoo.com plc designs, sources, markets and sells clothing, shoes and accessories through the www.boohoo.com Website. It operates primarily in the United Kingdom, Europe and internationally. The company’s brand name consists of boohooMan. boohoo.com plc is headquartered in Manchester, the United Kingdom. “
Shares of Boohoo.Com Plc (NASDAQ:BHOOY) remained flat at $58.97 during trading on Thursday. Boohoo.Com Plc has a 1-year low of $22.38 and a 1-year high of $67.88. The company has a market cap of $3.31 billion and a P/E ratio of 105.30. The company’s 50-day moving average price is $9.00 and its 200-day moving average price is $8.85.
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