Published On: Mon, Sep 12th, 2016

N+1 Singer Reiterates Buy Rating for Boohoo.Com PLC (BOO)

Boohoo.Com PLC (LON:BOO)‘s stock had its “buy” rating reissued by analysts at N+1 Singer in a research report issued on Monday. They currently have a GBX 100 ($1.33) price objective on the stock. N+1 Singer’s target price indicates a potential upside of 7.82% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Beaufort Securities reiterated a “buy” rating on shares of Boohoo.Com PLC in a report on Thursday, June 9th. Peel Hunt increased their price objective on Boohoo.Com PLC from GBX 60 ($0.80) to GBX 70 ($0.93) and gave the stock a “buy” rating in a report on Wednesday, June 8th. Liberum Capital increased their price objective on Boohoo.Com PLC from GBX 55 ($0.73) to GBX 65 ($0.87) and gave the stock a “buy” rating in a report on Wednesday, June 8th. Jefferies Group reiterated a “buy” rating and issued a GBX 47 ($0.63) price objective on shares of Boohoo.Com PLC in a report on Wednesday, June 1st. Finally, Shore Capital reiterated a “buy” rating on shares of Boohoo.Com PLC in a report on Tuesday, August 9th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Boohoo.Com PLC presently has an average rating of “Buy” and an average price target of GBX 76.11 ($1.01).
Shares of Boohoo.Com PLC (LON:BOO) traded down 0.82% during midday trading on Monday, reaching GBX 91.25. The company’s stock had a trading volume of 4,655,409 shares. The company’s 50-day moving average price is GBX 77.56 and its 200 day moving average price is GBX 56.87. Boohoo.Com PLC has a 12-month low of GBX 30.00 and a 12-month high of GBX 94.75. The company’s market capitalization is GBX 1.02 billion.

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About Boohoo.Com PLC
boohoo.com plc is a United Kingdom-based holding company of Wasabi Frog, which trades as boohoo.com. The Company is an online own brand fashion retailer. It designs, sources, markets and sells own brand clothing, shoes and accessories through its Website. It has a presence in United Kingdom, Ireland and Australia and sells products into over 100 countries.

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