Goldman Sachs Group Inc. Reaffirms Buy Rating for Booker Group Plc (BOK)
Booker Group Plc (LON:BOK)‘s stock had its “buy” rating restated by research analysts at Goldman Sachs Group Inc. in a report issued on Friday. They currently have a GBX 198 ($2.45) target price on the stock. Goldman Sachs Group Inc.’s price target would indicate a potential upside of 6.97% from the stock’s current price.
Several other brokerages have also issued reports on BOK. HSBC restated a “buy” rating and set a GBX 220 ($2.72) price target on shares of Booker Group Plc in a research note on Friday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 215 ($2.66) price target on shares of Booker Group Plc in a research note on Friday. Beaufort Securities lowered Booker Group Plc to a “hold” rating in a research note on Friday, September 16th. Investec restated a “buy” rating and set a GBX 210 ($2.60) price target on shares of Booker Group Plc in a research note on Thursday, September 15th. Finally, Peel Hunt restated a “buy” rating and set a GBX 200 ($2.48) price target on shares of Booker Group Plc in a research note on Thursday. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 190.33 ($2.36).
Booker Group Plc (LON:BOK) opened at 186.30 on Friday. The firm’s 50-day moving average price is GBX 179.41 and its 200-day moving average price is GBX 173.43. The company’s market cap is GBX 3.29 billion. Booker Group Plc has a 12-month low of GBX 147.80 and a 12-month high of GBX 192.00.
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The firm also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be issued a GBX 0.63 ($0.01) dividend. This represents a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, October 27th.
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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