Separately, JPMorgan Chase & Co. cut their price objective on shares of Pendragon from GBX 23 ($0.30) to GBX 21 ($0.27) and set a neutral rating on the stock in a research report on Tuesday, December 18th. Five equities research analysts have rated the stock with a hold rating, Pendragon currently has an average rating of Hold and an average price target of GBX 25 ($0.33).
Shares of PDG stock opened at GBX 26.80 ($0.35) on Tuesday. The company has a debt-to-equity ratio of 34.21, a quick ratio of 0.17 and a current ratio of 0.95. The firm has a market capitalization of $379.27 million and a PE ratio of 9.93. Pendragon has a 12 month low of GBX 20.65 ($0.27) and a 12 month high of GBX 30.85 ($0.40).
Pendragon Company Profile
Pendragon PLC, together with its subsidiaries, operates as an automotive retailer company in the United Kingdom and California. It operates through US Motor, Leasing, UK Motor, and Software segments. The company sells new and used motor vehicles of various brands, such as Aston Martin, BMW, Citroen, Dacia, DAF, Ferrari, Ford, Harley-Davidson, Hyundai, Jaguar, Land Rover, Kia, Mercedes-Benz, MINI, Nissan, Peugeot, Porsche, Renault, SEAT, Smart, and Vauxhall.
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