Boohoo.Com PLC (BOO) Given Average Rating of “Buy” by Analysts
Boohoo.Com PLC (LON:BOO) has been given a consensus recommendation of “Buy” by the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 251.50 ($3.34).
A number of brokerages have recently issued reports on BOO. Jefferies Group LLC increased their target price on Boohoo.Com PLC from GBX 125 ($1.66) to GBX 280 ($3.71) and gave the stock a “buy” rating in a report on Thursday. Citigroup Inc. decreased their price target on Boohoo.Com PLC from GBX 270 ($3.58) to GBX 250 ($3.32) and set a “neutral” rating on the stock in a research note on Thursday. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 290 ($3.85) price target on shares of Boohoo.Com PLC in a research report on Thursday. Beaufort Securities reiterated a “buy” rating on shares of Boohoo.Com PLC in a research report on Thursday. Finally, Barclays PLC reiterated an “overweight” rating and set a GBX 260 ($3.45) price objective on shares of Boohoo.Com PLC in a research note on Thursday.
Boohoo.Com PLC (BOO) remained flat at GBX 211.50 during midday trading on Wednesday. 10,888,723 shares of the company’s stock were exchanged. Boohoo.Com PLC has a 1-year low of GBX 99.00 and a 1-year high of GBX 328.93. The firm’s market cap is GBX 2.43 billion. The stock has a 50-day moving average price of GBX 237.86 and a 200 day moving average price of GBX 215.03.
In other news, insider Pierre Marie Jean-Louis Cuilleret acquired 100,000 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were purchased at an average cost of GBX 205 ($2.72) per share, for a total transaction of £205,000 ($271,919.35). Also, insider Carol Mary Kane sold 4,650,000 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of GBX 230 ($3.05), for a total value of £10,695,000 ($14,186,231.60).
About Boohoo.Com PLC
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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