Lookers (LOOK) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their buy rating on shares of Lookers (LON:LOOK) in a research note published on Thursday morning. The firm currently has a GBX 150 ($2.15) target price on the stock.

Several other research analysts have also commented on the stock. Numis Securities restated a buy rating and set a GBX 130 ($1.86) price target on shares of Lookers in a research note on Wednesday, March 7th. Liberum Capital restated a buy rating and set a GBX 145 ($2.08) price target on shares of Lookers in a research note on Wednesday, March 7th. JPMorgan Chase increased their price target on shares of Lookers from GBX 109 ($1.56) to GBX 130 ($1.86) and gave the stock an overweight rating in a research note on Thursday, March 8th. Finally, Canaccord Genuity restated a buy rating and set a GBX 146 ($2.09) price target on shares of Lookers in a research note on Monday, March 5th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 137.71 ($1.97).

Shares of LOOK opened at GBX 97 ($1.39) on Thursday. Lookers has a 12 month low of GBX 78.50 ($1.12) and a 12 month high of GBX 131.50 ($1.88).

The firm also recently declared a dividend, which will be paid on Thursday, May 31st. Stockholders of record on Thursday, May 3rd will be paid a dividend of GBX 2.48 ($0.04) per share. This is a positive change from Lookers’s previous dividend of $1.41. The ex-dividend date is Thursday, May 3rd. This represents a dividend yield of 2.76%.

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About Lookers

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

Analyst Recommendations for Lookers (LON:LOOK)

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