Boohoo.Com (BOO) Stock Rating Reaffirmed by Investec

Boohoo.Com (LON:BOO)‘s stock had its “buy” rating reiterated by analysts at Investec in a research note issued to investors on Thursday. They currently have a GBX 270 ($3.66) target price on the stock. Investec’s price target suggests a potential upside of 47.78% from the stock’s previous close.

Other research analysts have also recently issued reports about the company. Shore Capital reiterated a “buy” rating on shares of Boohoo.Com in a report on Wednesday, September 20th. Liberum Capital reissued a “buy” rating and issued a GBX 300 ($4.07) target price on shares of Boohoo.Com in a research report on Wednesday, September 27th. Beaufort Securities reissued a “buy” rating on shares of Boohoo.Com in a research report on Thursday, September 28th. N+1 Singer raised Boohoo.Com to a “buy” rating in a research report on Friday, November 17th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 300 ($4.07) target price on shares of Boohoo.Com in a research report on Thursday, January 4th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 260.63 ($3.53).

Boohoo.Com (LON:BOO) traded down GBX 8.75 ($0.12) on Thursday, reaching GBX 182.70 ($2.48). The company had a trading volume of 25,526,753 shares, compared to its average volume of 7,520,000. Boohoo.Com has a 12-month low of GBX 1.89 ($0.03) and a 12-month high of GBX 328.93 ($4.46). The firm has a market capitalization of $2,140.00 and a PE ratio of 9,135.00.

In related news, insider Iain McDonald acquired 25,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were acquired at an average price 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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