Booker Group Plc (BOK) Earns “Buy” Rating from HSBC Holdings plc

HSBC Holdings plc reiterated their buy rating on shares of Booker Group Plc (LON:BOK) in a research report report published on Friday, May 12th. HSBC Holdings plc currently has a GBX 250 ($3.16) target price on the stock.

Several other brokerages have also recently issued reports on BOK. BNP Paribas reaffirmed an underperform rating and issued a GBX 198 ($2.50) price objective on shares of Booker Group Plc in a research note on Friday, March 17th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 215 ($2.72) target price on shares of Booker Group Plc in a research report on Wednesday, April 12th. Shore Capital reissued a sell rating on shares of Booker Group Plc in a research report on Thursday, March 30th. Peel Hunt reissued a buy rating and issued a GBX 225 ($2.85) target price on shares of Booker Group Plc in a research report on Thursday, March 30th. Finally, S&P Global Inc. reissued a hold rating and issued a GBX 215 ($2.72) target price on shares of Booker Group Plc in a research report on Tuesday, January 31st. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 213.22 ($2.70).

Booker Group Plc (BOK) opened at 186.00 on Friday. Booker Group Plc has a 52 week low of GBX 161.30 and a 52 week high of GBX 218.50. The company has a 50-day moving average of GBX 196.73 and a 200-day moving average of GBX 191.56. The stock’s market capitalization is GBX 3.30 billion.

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The business also recently announced a dividend, which will be paid on Friday, July 7th. Investors of record on Thursday, June 8th will be given a dividend of GBX 7.99 ($0.10) per share. The ex-dividend date is Thursday, June 8th. This represents a yield of 4%. This is a positive change from Booker Group Plc’s previous dividend of $0.63.

About Booker Group Plc

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.

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