Booker Group Given New GBX 150 Price Target at Panmure Gordon (BOK)
Equities research analysts at Panmure Gordon hoisted their price objective on shares of Booker Group (LON:BOK) from GBX 130 ($2.14) to GBX 150 ($2.47) in a research note issued to investors on Thursday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Panmure Gordon’s price target would indicate a potential downside of 6.19% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec raised their price target on shares of Booker Group from GBX 149 ($2.46) to GBX 172 ($2.83) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Booker Group in a research note to investors on Friday, January 10th. They now have a GBX 187 ($3.08) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Booker Group in a research note to investors on Thursday, November 28th. They now have a GBX 187 ($3.08) price target on the stock. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 147.90 ($2.44).
Shares of Booker Group (LON:BOK) traded down 3.13% during mid-day trading on Thursday, hitting GBX 154.90. The stock had a trading volume of 2,960,542 shares. Booker Group has a one year low of GBX 97.70 and a one year high of GBX 168.50. The stock has a 50-day moving average of GBX 163.6 and a 200-day moving average of GBX 143.6. The company’s market cap is £2.682 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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