Boohoo.com (BOO) Downgraded by Shore Capital to “Hold”

Shore Capital lowered shares of Boohoo.com (LON:BOO) to a hold rating in a research report sent to investors on Thursday morning.

Several other brokerages have also recently commented on BOO. Peel Hunt restated a buy rating and issued a GBX 300 ($4.21) target price on shares of Boohoo.com in a research report on Thursday, February 1st. Liberum Capital restated a buy rating and issued a GBX 300 ($4.21) target price on shares of Boohoo.com in a research report on Wednesday, January 17th. Barclays dropped their target price on shares of Boohoo.com from GBX 260 ($3.65) to GBX 250 ($3.51) and set an overweight rating for the company in a research report on Friday, January 12th. Royal Bank of Canada restated an underperform rating and issued a GBX 160 ($2.25) target price on shares of Boohoo.com in a research report on Wednesday, February 21st. Finally, Jefferies Group restated a buy rating and issued a GBX 280 ($3.93) target price on shares of Boohoo.com in a research report on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 248.50 ($3.49).

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Shares of LON:BOO traded up GBX 0.05 ($0.00) during midday trading on Thursday, hitting GBX 145.45 ($2.04). The stock had a trading volume of 6,371,273 shares, compared to its average volume of 7,270,000. Boohoo.com has a fifty-two week low of GBX 1.89 ($0.03) and a fifty-two week high of GBX 328.93 ($4.62).

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About Boohoo.com

boohoo.com plc operates as an online fashion retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products through the Websites to a market of 16 to 30 year old consumers. It offers its products for men, women, and children.

Analyst Recommendations for Boohoo.com (LON:BOO)

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