Investec Reaffirms Buy Rating for Boohoo.Com (BOO)

Investec restated their buy rating on shares of Boohoo.Com (LON:BOO) in a report issued on Thursday. The brokerage currently has a GBX 270 ($3.66) price target on the stock.

Several other brokerages have also recently weighed in on BOO. N+1 Singer reaffirmed a hold rating on shares of Boohoo.Com in a research note on Wednesday, September 27th. Peel Hunt reaffirmed a buy rating and issued a GBX 300 ($4.07) price target on shares of Boohoo.Com in a research note on Thursday, November 2nd. Barclays reaffirmed an overweight rating on shares of Boohoo.Com in a research note on Wednesday, October 4th. Jefferies Group upped their price target on Boohoo.Com from GBX 125 ($1.70) to GBX 280 ($3.80) and gave the stock a buy rating in a research note on Thursday, September 28th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 300 ($4.07) price target on shares of Boohoo.Com in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 260.63 ($3.53).

Shares of Boohoo.Com (LON BOO) opened at GBX 182.70 ($2.48) on Thursday. The firm has a market capitalization of $2,140.00 and a price-to-earnings ratio of 9,135.00. Boohoo.Com has a 12 month low of GBX 1.89 ($0.03) and a 12 month high of GBX 328.93 ($4.46).

In related news, insider Iain McDonald bought 25,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average cost of GBX 174 ($2.36) per share, with a total value of £43,500 ($58,991.05).

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About Boohoo.Com

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)

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