JP Morgan Cazenove Has Just Reaffirmed GBX 200.00 Target Price Per Share on Booker Group (LON:BOK) stock, While They’ve Also Reiterated Their “Overweight” Rating

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Booker Group (LON:BOK) Rating Reaffirmed

London: In an interesting research report revealed to investors and clients on Friday, 27 November, JP Morgan Cazenove reconfirmed their “Overweight” rating on Booker Group (LON:BOK) shares. They now have a GBX 200.00 target price on the company. JP Morgan Cazenove’s target may mean a potential upside of 12.61% from the company’s price per share.

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 4.88% above today’s (GBX 177.14) 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.

The stock decreased 0.82% or GBX 1.46 on November 27, striking GBX 177.14. Approximately 2.80 million shares of stock traded hands. Booker Group Plc (LON:BOK) has risen 22.11% since May 1, 2015 and is uptrending. It has outperformed by 23.01% the S&P500.

JP Morgan Cazenove Has Just Reaffirmed GBX 200.00 Target Price Per Share on Booker Group (LON:BOK) stock, While They’ve Also Reiterated Their

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 25.62 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.

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