Published On: Sat, Sep 17th, 2016

Barclays PLC Reaffirms Overweight Rating for Booker Group Plc (BOK)

Booker Group Plc (LON:BOK)‘s stock had its “overweight” rating reissued by research analysts at Barclays PLC in a research note issued on Wednesday. They currently have a GBX 216 ($2.88) price objective on the stock. Barclays PLC’s price objective suggests a potential upside of 18.49% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the company. HSBC restated a “buy” rating and issued a GBX 200 ($2.66) target price on shares of Booker Group Plc in a report on Thursday, August 25th. Peel Hunt restated a “buy” rating and issued a GBX 200 ($2.66) target price on shares of Booker Group Plc in a report on Wednesday, July 20th. Beaufort Securities cut Booker Group Plc to a “hold” rating in a report on Thursday, July 7th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 170 ($2.26) target price on shares of Booker Group Plc in a research report on Monday, June 27th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 198 ($2.64) target price on shares of Booker Group Plc in a research report on Monday, June 27th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 187.83 ($2.50).
Shares of Booker Group Plc (LON:BOK) opened at 182.30 on Wednesday. Booker Group Plc has a 1-year low of GBX 147.80 and a 1-year high of GBX 192.00. The firm’s market cap is GBX 3.22 billion. The stock has a 50 day moving average price of GBX 177.79 and a 200-day moving average price of GBX 171.62.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/17/barclays-plc-reaffirms-overweight-rating-for-booker-group-plc-bok.html

About Booker Group Plc
Booker Group PLC is a United Kingdom-based food wholesaler. The Company comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct and Booker India. The Company is a cash and carry operator, offering branded and private-label goods which are sold to over 486,000 customers including independent convenience stores, grocers, leisure outlets, pubs and restaurants.

Receive News & Ratings for Booker Group Plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Booker Group Plc and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>