Boohoo.Com (BOO) Price Target Cut to GBX 250

Boohoo.Com (LON:BOO) had its target price dropped by stock analysts at Barclays from GBX 260 ($3.53) to GBX 250 ($3.39) in a report released on Friday. The firm currently has an “overweight” rating on the stock. Barclays’ price objective would suggest a potential upside of 36.84% from the company’s previous close.

Several other research analysts also recently weighed in on the company. N+1 Singer upgraded Boohoo.Com to a “buy” rating in a research note on Friday, November 17th. Deutsche Bank restated a “buy” rating and set a GBX 290 ($3.93) target price on shares of Boohoo.Com in a research note on Friday, December 8th. Peel Hunt restated a “buy” rating and set a GBX 300 ($4.07) target price on shares of Boohoo.Com in a research note on Friday, November 17th. Liberum Capital reiterated a “buy” rating and set a GBX 300 ($4.07) price target on shares of Boohoo.Com in a research note on Wednesday, September 27th. Finally, Shore Capital reiterated a “buy” rating on shares of Boohoo.Com in a research note on Wednesday, September 27th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 260.63 ($3.53).

Boohoo.Com (BOO) opened at GBX 182.70 ($2.48) on Friday. Boohoo.Com has a one year low of GBX 1.89 ($0.03) and a one year high of GBX 328.93 ($4.46). The firm has a market capitalization of $2,140.00 and a price-to-earnings ratio of 9,135.00.

In other news, insider Iain McDonald purchased 25,000 shares of the company’s stock in a transaction on Friday, December 8th. The shares were acquired at an average price of GBX 174 ($2.36) per share, for a total transaction of £43,500 ($58,991.05).

ILLEGAL ACTIVITY NOTICE: “Boohoo.Com (BOO) Price Target Cut to GBX 250” was posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.thelincolnianonline.com/2018/01/14/boohoo-com-boo-price-target-cut-to-gbx-250.html.

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.

Analyst Recommendations for Boohoo.Com (LON:BOO)

Receive News & Ratings for Boohoo.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boohoo.Com and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply