Zacks Investment Research Upgrades BOOHOO GRP PLC/ADR (BHOOY) to Buy

BOOHOO GRP PLC/ADR (OTCMKTS:BHOOY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The brokerage currently has a $61.00 price target on the stock. Zacks Investment Research‘s price target indicates a potential upside of 12.55% from the stock’s previous close.

According to Zacks, “boohoo.com plc designs, sources, markets and sells clothing, shoes and accessories through the www.boohoo.com Website. It operates primarily in the United Kingdom, Europe and internationally. The company’s brand name consists of boohooMan. boohoo.com plc is headquartered in Manchester, the United Kingdom. “

BHOOY stock opened at $54.20 on Tuesday. BOOHOO GRP PLC/ADR has a 12-month low of $41.96 and a 12-month high of $59.42.



About BOOHOO GRP PLC/ADR

boohoo group 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, and women.

Further Reading: Ex-Dividend

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