Booker Group (LON:BOK) Rating Restated
In analysts note revealed on Friday morning, Booker Group (LON:BOK) stock had its Buy Rating reiterated by professional analysts at HSBC. They currently have a GBX 230.00 price target on company. HSBC’s target indicates a potential upside of 33.26 % from the company’s last stock close.
According to data compiled by Thomson Reuters, Booker Group (LON:BOK)’s stock is covered by 10 equity analysts across the Street, with 1 analysts giving it a Sell rating, 6 a Buy rating, while 4 consider it a Hold. The 12-month consensus target price for the stock is GBX 190.8, which reflects an upside potential of 10.42% over the current price.
LON:BOK Price Chart & Trend
The stock price of Booker Group has gained 5.26% over the last 200 days, and is in unstable up trend. In the last 50 and 100 days, Booker Group is up 4.62% and up 12.92%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Booker Group (LON:BOK) Profile
Booker Group PLC is a United Kingdom-based food wholesaler. The Company comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct and Booker India. The Company is a cash and carry operator, offering branded and private-label goods which are sold to over 486,000 customers including independent convenience stores, grocers, leisure outlets, pubs and restaurants.
Booker Group (LON:BOK) traded down -2.15% on 10 June, hitting GBX 172.8. A total of 1.29M shares of the company’s stock traded hands. This is down from average of 2.51M shares. Booker Group has a 52 week low of GBX 147.80 and a 52 week high of GBX 191. The company has a market cap of 3.04B GBX and a P/E ratio of 24.17.
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The post Booker Group (LON:BOK) Investors: HSBC Reaffirms Buy Rating, Sees GBX 230.00/Share appeared first on Octafinance.