Boohoo.Com (BOO) Stock Rating Reaffirmed by Deutsche Bank

Boohoo.Com (LON:BOO)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank in a research note issued to investors on Friday. They presently have a GBX 290 ($3.93) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 58.73% from the stock’s previous close.

BOO has been the subject of several other research reports. Barclays restated an “overweight” rating on shares of Boohoo.Com in a report on Wednesday, October 4th. Peel Hunt restated a “buy” rating and set a GBX 300 ($4.07) price target on shares of Boohoo.Com in a report on Tuesday, December 5th. N+1 Singer restated a “hold” rating on shares of Boohoo.Com in a report on Wednesday, September 27th. Citigroup cut their price target on Boohoo.Com from GBX 270 ($3.66) to GBX 250 ($3.39) and set a “neutral” rating for the company in a report on Thursday, September 28th. Finally, Jefferies Group raised their price target on Boohoo.Com from GBX 125 ($1.70) to GBX 280 ($3.80) and gave the company a “buy” rating in a report on Thursday, September 28th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 260.63 ($3.53).

Boohoo.Com (LON BOO) opened at GBX 182.70 ($2.48) on Friday. The firm has a market capitalization of $2,140.00 and a P/E ratio of 9,135.00. Boohoo.Com has a 1-year low of GBX 1.89 ($0.03) and a 1-year high of GBX 328.93 ($4.46).

In related news, insider Iain McDonald acquired 25,000 shares of the stock in a transaction dated Friday, December 8th. The stock was acquired 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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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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