Booker Group PLC (LON:BOK) Rating Reaffirmed
JP Morgan Cazenove now has a GBX 200.00 price target on the 3.13 billion GBP market cap company or 12.87% upside potential. In analysts note revealed to clients on 27 November, Booker Group PLC (LON:BOK) shares have had their Overweight Rating kept steady by analysts at JP Morgan Cazenove.
From a total of 11 analysts covering Booker Group PLC (LON:BOK) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 64% of the ratings are positive. The highest target price is GBX 230 while the lowest target price is GBX 145. The mean of all analyst targets is GBX 185.78 with a 4.84% above today’s (GBX 177.2) stock price. Booker Group PLC was the topic of 22 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 27 with “Overweight” rating. UBS maintained shares with “Sell” rating and GBX 145 target share price in a report from an October 20. Barclays Capital maintained BOK stock in a recent report from November 9 with “Overweight” rating. Panmure Gordon maintained the rating on October 15. Panmure Gordon has a “Hold” rating and a GBX 150 price target on shares. Finally, HSBC maintained the stock with “Buy” rating in a report issued on an October 21.
Approximately 24,859 shares of stock traded hands. Booker Group Plc (LON:BOK) has risen 23.34% since April 30, 2015 and is uptrending. It has outperformed by 24.70% the S&P500.
Booker Group PLC is a United Kingdom food wholesaler. The company has a market cap of 3.13 billion GBP. The Firm comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct and Booker India. It has 25.63 P/E ratio. The Firm is a cash and carry operator, offering branded and private-label goods which are sold to over 486,000 clients including independent convenience stores, grocers, leisure outlets, pubs and restaurants.