14.13% to Target, Barclays Reaffirms ‘Overweight’ Rating on Booker Group (LON:BOK) Shares Today


Booker Group (LON:BOK) Rating Reaffirmed

In an interesting research report distributed to Clients on 8 December, The Overweight rating of Booker Group (LON:BOK) shares was reaffirmed by Analysts at Barclays, who now has a GBX 210 target PPS on the stock. Barclays’s target PPS gives a possible upside of 14.13% from the last close price of the company.

From a total of 10 analysts covering Booker Group PLC (LON:BOK) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 55% 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 185.1 with a 2.63% above today’s (GBX 183.5) stock price. Booker Group PLC was the topic of 23 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 8 with “Overweight” rating. UBS maintained shares with “Sell” rating and GBX 145 target share price in a report from an October 20. J.P. Morgan maintained BOK stock in a recent report from November 26 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 624,246 shares of stock traded hands. Booker Group Plc (LON:BOK) has risen 20.64% since May 11, 2015 and is uptrending. It has outperformed by 21.23% the S&P500.

14.13% to Target, Barclays Reaffirms ‘Overweight’ Rating on Booker Group (LON:BOK) Shares Today

Booker Group PLC is a United Kingdom food wholesaler. The company has a market cap of 3.22 billion GBP. The Firm comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct and Booker India. It has 26.54 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.