Boohoo.Com PLC (BOO) Stock Rating Reaffirmed by Shore Capital

Shore Capital reaffirmed their buy rating on shares of Boohoo.Com PLC (LON:BOO) in a report released on Wednesday.

Several other research firms also recently issued reports on BOO. Citigroup Inc. lifted their price target on shares of Boohoo.Com PLC from GBX 145 ($1.85) to GBX 200 ($2.55) and gave the company a neutral rating in a research report on Thursday, April 27th. Liberum Capital restated a hold rating and set a GBX 185 ($2.36) price objective on shares of Boohoo.Com PLC in a research note on Wednesday, April 26th. Investec raised their price objective on Boohoo.Com PLC from GBX 155 ($1.97) to GBX 162 ($2.06) and gave the company a buy rating in a research note on Tuesday, February 28th. Beaufort Securities restated a buy rating on shares of Boohoo.Com PLC in a research note on Wednesday, March 1st. Finally, N+1 Singer restated a hold rating on shares of Boohoo.Com PLC in a research note on Thursday, June 8th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Boohoo.Com PLC presently has a consensus rating of Buy and an average price target of GBX 202.44 ($2.58).

Shares of Boohoo.Com PLC (BOO) opened at 254.25 on Wednesday. Boohoo.Com PLC has a 12 month low of GBX 51.55 and a 12 month high of GBX 328.93. The stock has a 50 day moving average of GBX 209.51 and a 200-day moving average of GBX 164.09. The company’s market cap is GBX 2.86 billion.

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In other Boohoo.Com PLC news, insider Mahmud Abdullah Kamani sold 11,252,502 shares of the firm’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of GBX 220 ($2.80), for a total transaction of £24,755,504.40 ($31,539,692.19).

Boohoo.Com PLC Company Profile

boohoo.com plc is a holding company. The Company sells own-brand clothing, shoes and accessories through the boohoo.com Websites. The Company has presence in the United Kingdom, Ireland and Australia, and sells products into over 100 countries. The Company operates through English, French, German, Italian and Spanish language Websites.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:BOO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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