Booker Group Plc’s “Buy” Rating Reaffirmed at Berenberg Bank (BOK)
Booker Group Plc (LON:BOK)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Tuesday. They currently have a GBX 186 ($3.17) price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 42.53% from the company’s current price.
BOK has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Booker Group Plc in a research note on Monday. They now have a GBX 187 ($3.18) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Booker Group Plc in a research note on Wednesday, June 11th. They now have a GBX 178 ($3.03) price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Booker Group Plc to a “buy” rating in a research note on Tuesday, June 10th. They now have a GBX 200 ($3.40) price target on the stock, down previously from GBX 214 ($3.64). Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Booker Group Plc presently has an average rating of “Hold” and an average price target of GBX 160.10 ($2.72).
Shares of Booker Group Plc (LON:BOK) traded down 1.06% during mid-day trading on Tuesday, hitting GBX 130.50. The stock had a trading volume of 3,145,670 shares. Booker Group Plc has a 52 week low of GBX 118.10 and a 52 week high of GBX 178.20. The stock has a 50-day moving average of GBX 141.0 and a 200-day moving average of GBX 155.4. The company’s market cap is £2.266 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 11th. Stockholders of record on Wednesday, June 11th will be given a dividend of GBX 2.75 ($0.05) per share. This represents a yield of 1.99%. The ex-dividend date of this dividend is Wednesday, June 11th.
Booker Group PLC is a food wholesaler. The Company consists of Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct and Booker India.
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