Neil Catto, chief financial officer of online fashion retailer Boohoo, disposed of 1.55m ordinary shares in the AIM-quoted firm following a downgrade to the company's stock by analysts at Barclays.
Tate & Lyle: Jefferies downgrades to hold with a target price of 700p.
Boohoo's valuation is no longer "standout cheap" and the brand is slowing, Barclays said as it cut its stance on the stock to 'equalweight' from 'overweight'.
IMI: Morgan Stanley upgrades to overweight with a target price of 1,410p.
Fast fashion retailer Boohoo.com posted a 53% jump in first-quarter revenue on Tuesday, with strong performances across all geographies and brands as it continues to gain market share.
St James Place: Deutsche Bank upgrades to buy with a target price of 1,430p.
(WebFG News) - Playtech: Deutsche Bank reiterates buy with a target price of 1,300p.
(WebFG News) - RBC Capital Markets upped its price target on online fast fashion retailer Boohoo.com to 140p from 125p on Thursday following the company's "solid" full-year results a day earlier.
(WebFG News) - Full-year sales at Boohoo.com nearly doubled and pre-tax profit rose 40% as the online fashion retailer hailed an "exceptional" performance from PrettyLittleThing and a strong start to the current financial year.
It might seem counter-intuitive on the same day that more dismal official retail figures and disastrous numbers from Debenhams coincided, but plenty of contrarian thinkers have already started looking to the retail sector for investment opportunities.
BHP Billiton: Societe Generale upgrades to buy with a target price of 1,600p.
Fresnillo: RBC Capital Markets upgrades to sector perform with a target price of 1,200p.
Provident financial: Berenberg downgrades to sell with a target price of 550p.
Card Factory and Superdry got a boost on Wednesday as Liberum upgraded both stocks to 'buy' from 'hold' in a note on the general retail sector.
Shares in Diageo are not cheap but were a 'buy' for the Sunday Times' Inside the City column, which advised stocking them away in your cellar like prize bottle of whisky. The spirits and Guinness maker has been shaken and stirred during since chief Ivan Menezes took the helm in the summer of 2013. He joined amid a lull in American demand for traditional Scotch and vodka, two of the company's key products. Instead, the trend was moving towards 'craft' bourbons and micro distilleries.
In the wake of a 30% drop in the shares over the past seven months, Citi opted to upgrade its recommendation on Boohoo.com to 'buy', setting a target price of 235p.
SSP: JP Morgan upgrades to overweight with a target price of 765p.
Fast fashion brand Boohoo.com bumped up its full-year sales forecast again on Thursday as it said revenues doubled in the four months to the end of December.