Booker Group Plc (BOK) Receives Overweight Rating from JPMorgan Chase & Co.
Booker Group Plc (LON:BOK)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Friday. They presently have a GBX 215 ($2.66) target price on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 16.15% from the company’s current price.
A number of other equities research analysts also recently commented on the stock. Beaufort Securities downgraded shares of Booker Group Plc to a “hold” rating in a research report on Thursday, July 7th. Shore Capital reissued a “hold” rating and issued a GBX 175 ($2.17) price objective on shares of Booker Group Plc in a research report on Thursday. BNP Paribas restated a “neutral” rating and issued a GBX 170 ($2.10) target price on shares of Booker Group Plc in a report on Thursday, September 29th. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 198 ($2.45) target price on shares of Booker Group Plc in a report on Tuesday, September 20th. Finally, Barclays PLC upped their target price on shares of Booker Group Plc from GBX 210 ($2.60) to GBX 216 ($2.67) and gave the company an “overweight” rating in a report on Wednesday, July 27th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Booker Group Plc presently has an average rating of “Buy” and an average price target of GBX 190.33 ($2.36).
Shares of Booker Group Plc (LON:BOK) opened at 186.70 on Friday. The stock’s 50 day moving average is GBX 179.41 and its 200 day moving average is GBX 173.43. Booker Group Plc has a 1-year low of GBX 147.80 and a 1-year high of GBX 192.00. The firm’s market capitalization is GBX 3.30 billion.
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The business also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, October 27th will be given a GBX 0.63 ($0.01) dividend. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 0.34%.
Booker Group Plc Company Profile
Booker Group plc is a food wholesaler. The Company operates through wholesaling activities segment. The Company offers a range of grocery, tobacco, alcoholic products and other products. It comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct, Premier, Family Shopper, Budgens, Londis and Booker India.
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