Boohoo.Com (LON:BOO) Receives “Buy” Rating from Deutsche Bank

Boohoo.Com (LON:BOO)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a research report issued to clients and investors on Friday, January 12th. They presently have a GBX 290 ($4.07) price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 59.34% from the company’s previous close.

A number of other analysts also recently commented on BOO. Peel Hunt reaffirmed a “buy” rating and set a GBX 300 ($4.21) price target on shares of Boohoo.Com in a research report on Wednesday, September 27th. Liberum Capital reaffirmed a “buy” rating and set a GBX 300 ($4.21) price target on shares of Boohoo.Com in a research report on Wednesday, September 27th. Shore Capital reaffirmed a “buy” rating on shares of Boohoo.Com in a research report on Wednesday, September 27th. Jefferies Group increased their price target on Boohoo.Com from GBX 125 ($1.75) to GBX 280 ($3.93) and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Citigroup decreased their price target on Boohoo.Com from GBX 270 ($3.79) to GBX 250 ($3.51) and set a “neutral” rating for the company in a research report on Thursday, September 28th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Boohoo.Com currently has a consensus rating of “Buy” and a consensus price target of GBX 258.75 ($3.63).

Shares of Boohoo.Com (BOO) traded down GBX 2 ($0.03) during trading on Friday, hitting GBX 182 ($2.55). The stock had a trading volume of 7,397,513 shares, compared to its average volume of 7,680,000. The stock has a market capitalization of $2,110.00 and a P/E ratio of 9,100.00. Boohoo.Com has a 12-month low of GBX 1.89 ($0.03) and a 12-month high of GBX 328.93 ($4.61).

In other news, insider Iain McDonald acquired 25,000 shares of Boohoo.Com stock in a transaction on Friday, December 8th. The stock was acquired at an average cost of GBX 174 ($2.44) per share, with a total value of £43,500 ($60,992.71).

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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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