Booker Group’s Overweight Rating Reaffirmed at Barclays (BOK)
Booker Group (LON:BOK)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays in a research note issued to investors on Friday, Analyst Ratings.Net reports. They currently have a GBX 187 ($3.07) price target on the stock. Barclays’ target price would suggest a potential upside of 17.17% from the stock’s previous close.
A number of other analysts have also recently weighed in on BOK. Analysts at Goldman Sachs Group Inc. upgraded shares of Booker Group to a “strong-buy” rating in a research note to investors on Thursday, November 14th. They now have a GBX 214 ($3.51) price target on the stock, up previously from GBX 135 ($2.21). Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Booker Group in a research note to investors on Monday, October 28th. They now have a GBX 160 ($2.62) price target on the stock. Finally, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Booker Group in a research note to investors on Thursday, October 24th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 211.20 ($3.46).
Booker Group (LON:BOK) opened at 161.50 on Friday. Booker Group has a 52 week low of GBX 97.53 and a 52 week high of GBX 168.50. The stock’s 50-day moving average is GBX 163.7 and its 200-day moving average is GBX 142.3. The company’s market cap is £2.796 billion.
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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