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Shore Capital announced Booker Group PLC (LON:BOK), boosting its stock price target to 175.00GBX today

Yesterday Booker Group PLC (LON:BOK) traded 0.27% higher at 180.90GBX. The company’s 50-day moving average is 179.59GBX and its 200-day moving average is 173.52GBX. The last closing price is up 6.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 6,292,267 shares of the stock traded hands, up from an average trading volume of 2,773,470

In a report released on Thursday October 13, 2016 Shore Capital increased the stock price target of Booker Group PLC (LON:BOK) to 175.00GBX indicating a possible downside of -0.03%.

Previously on 09/29/2016, Exane BNP Paribas reported on Booker Group PLC (LON:BOK) held steady the target price at 170.00GBX. At the time, this indicated a possible downside of -0.04%.

See Chart Below

Booker Group PLC (LON:BOK)

Booker Group PLC has a 52 week low of 147.80GBX and a 52 week high of 192.00GBX with a P/E ratio of 25.78 The company’s market cap is currently 0 GBX.

In addition to Shore Capital reporting its stock price target, a total of 10 brokers have issued a report on the company. The average stock price target is 187.80GBX with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Booker Group PLC (LON:BOK)

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. The Company allows its independent retail customers to trade under its Premier, Family Shopper, Budgens and Londis brands. It operates approximately 3,200 Premier branded stores in the United Kingdom, over 50 retail discount stores under the Family Shopper brand, approximately 1,500 convenience stores under the Londis brand and over 120 convenience and mid-sized stores under the Budgens brand in Great Britain. The Company operates approximately three regional distribution centers, Hatfield and Haydock in England and Livingston in Scotland, and has a national distribution center in Wellingborough.

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