Booker Group Given “Overweight” Rating at JPMorgan Chase & Co. (BOK)
Booker Group (LON:BOK)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, AnalystRatings.NET reports. They currently have a GBX 160 ($2.59) target price on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 6.67% from the stock’s previous close.
Booker Group (LON:BOK) traded down 0.73% on Monday, hitting GBX 150.00. 1,630,054 shares of the company’s stock traded hands. Booker Group has a 1-year low of GBX 96.75 and a 1-year high of GBX 152.50. The stock has a 50-day moving average of GBX 139.2 and a 200-day moving average of GBX 129.4. The company’s market cap is £2.597 billion.
A number of other firms have also recently commented on BOK. Analysts at Barclays reiterated an “overweight” rating on shares of Booker Group in a research note to investors on Friday, October 25th. They now have a GBX 150 ($2.43) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Booker Group in a research note to investors on Thursday, October 24th. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of Booker Group in a research note to investors on Thursday, October 17th. They now have a GBX 130 ($2.10) price target on the stock. Five research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Booker Group presently has a consensus rating of “Hold” and an average target price of GBX 195.04 ($3.16).
Booker Group plc is a food wholesaler. In the United Kingdom, the Company has cash and carry business centers and a national delivery network, which includes the Ritter-Courivaud and Classic Drinks.
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