Booker Group Receives “Buy” Rating from Berenberg Bank (BOK)
Booker Group (LON:BOK)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 186 ($3.05) target price on the stock, up from their previous target price of GBX 164 ($2.69). Berenberg Bank’s price target would suggest a potential upside of 15.74% from the company’s current price.
Booker Group (LON:BOK) traded up 1.26% on Wednesday, hitting GBX 160.60. The stock had a trading volume of 2,494,442 shares. Booker Group has a 1-year low of GBX 110.00 and a 1-year high of GBX 168.50. The stock’s 50-day moving average is GBX 158.7 and its 200-day moving average is GBX 147.1. The company’s market cap is £2.780 billion.
A number of other analysts have also recently weighed in on BOK. Analysts at Barclays reiterated an “overweight” rating on shares of Booker Group in a research note on Wednesday, February 5th. They now have a GBX 187 ($3.07) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Booker Group from GBX 135 ($2.21) to GBX 175 ($2.87) in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Booker Group in a research note on Monday, January 27th. They now have a GBX 100 ($1.64) price target on the stock. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 155.91 ($2.56).
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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