N+1 Singer Upgrades boohoo.com (BOO) to Buy

boohoo.com (LON:BOO) was upgraded by N+1 Singer to a “buy” rating in a report released on Friday, November 17th, Marketbeat.com reports.

A number of other equities research analysts also recently commented on the company. Deutsche Bank reiterated a “buy” rating and issued a GBX 290 ($3.90) price objective on shares of boohoo.com in a report on Thursday, September 28th. Barclays reiterated an “overweight” rating and issued a GBX 260 ($3.50) price objective on shares of boohoo.com in a report on Thursday, September 28th. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($4.04) price objective on shares of boohoo.com in a report on Wednesday, September 27th. Citigroup dropped their price objective on boohoo.com from GBX 270 ($3.63) to GBX 250 ($3.36) and set a “neutral” rating for the company in a report on Thursday, September 28th. Finally, Beaufort Securities reiterated a “buy” rating on shares of boohoo.com in a report on Thursday, September 28th. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. boohoo.com has a consensus rating of “Buy” and an average target price of GBX 239.67 ($3.23).

Shares of boohoo.com (BOO) traded down GBX 1.50 ($0.02) on Friday, hitting GBX 182.50 ($2.46). The stock had a trading volume of 4,773,732 shares, compared to its average volume of 6,480,000. boohoo.com has a twelve month low of GBX 1.89 ($0.03) and a twelve month high of GBX 328.93 ($4.43).

In other news, insider Pierre Marie Jean-Louis Cuilleret bought 100,000 shares of the stock in a transaction dated Thursday, September 28th. The shares were bought at an average price of GBX 205 ($2.76) per share, for a total transaction of £205,000 ($275,908.48). Also, insider Carol Mary Kane sold 4,650,000 shares of the stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of GBX 230 ($3.10), for a total value of £10,695,000 ($14,394,347.24).

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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.

Analyst Recommendations for boohoo.com (LON:BOO)

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