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.
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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.
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