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).
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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.
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