Lookers (LON:LOOK)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research report issued on Wednesday. They presently have a GBX 150 ($1.91) target price on the stock. Peel Hunt’s target price points to a potential upside of 42.05% from the company’s current price.
Other research analysts have also recently issued reports about the stock. Canaccord Genuity reiterated a “buy” rating and issued a GBX 140 ($1.79) target price on shares of Lookers in a research note on Tuesday, May 15th. Numis Securities reiterated a “buy” rating and issued a GBX 130 ($1.66) target price on shares of Lookers in a research note on Tuesday, May 15th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lookers in a research note on Wednesday, May 16th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 133.33 ($1.70).
LOOK opened at GBX 105.60 ($1.35) on Wednesday. Lookers has a twelve month low of GBX 78.50 ($1.00) and a twelve month high of GBX 131.50 ($1.68).
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.
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