Boohoo.Com PLC (BOO) PT Raised to GBX 120
Boohoo.Com PLC (LON:BOO) had its price target boosted by equities researchers at Liberum Capital from GBX 90 ($1.17) to GBX 120 ($1.57) in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price target would indicate a potential upside of 16.79% from the stock’s previous close.
Several other research firms have also recently issued reports on BOO. Peel Hunt increased their price objective on shares of Boohoo.Com PLC from GBX 60 ($0.78) to GBX 70 ($0.91) and gave the company a “buy” rating in a report on Wednesday, June 8th. Jefferies Group reiterated a “buy” rating and issued a GBX 47 ($0.61) price objective on shares of Boohoo.Com PLC in a report on Wednesday, June 1st. N+1 Singer reiterated a “buy” rating and issued a GBX 100 ($1.31) price objective on shares of Boohoo.Com PLC in a report on Monday, September 12th. Barclays PLC increased their price objective on shares of Boohoo.Com PLC from GBX 60 ($0.78) to GBX 68 ($0.89) and gave the company an “overweight” rating in a report on Friday, July 22nd. Finally, Investec increased their price objective on shares of Boohoo.Com PLC from GBX 65 ($0.85) to GBX 80 ($1.04) and gave the company a “buy” rating in a report on Tuesday, August 9th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 86.67 ($1.13).
Boohoo.Com PLC (LON:BOO) opened at 102.75 on Tuesday. The stock’s market cap is GBX 1.15 billion. Boohoo.Com PLC has a one year low of GBX 32.04 and a one year high of GBX 104.59. The firm’s 50 day moving average price is GBX 87.39 and its 200 day moving average price is GBX 62.11.
About Boohoo.Com PLC
boohoo.com plc is a United Kingdom-based holding company of Wasabi Frog, which trades as boohoo.com. The Company is an online own brand fashion retailer. It designs, sources, markets and sells own brand clothing, shoes and accessories through its Website. It has a presence in United Kingdom, Ireland and Australia and sells products into over 100 countries.
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