Lookers PLC (LOOK) Receives Consensus Rating of “Buy” from Brokerages
Shares of Lookers PLC (LON:LOOK) have been given an average recommendation of “Buy” by the six analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 130 ($1.68).
A number of research firms have weighed in on LOOK. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Lookers in a research report on Wednesday, May 16th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 140 ($1.81) price target on shares of Lookers in a research report on Tuesday, May 15th. Numis Securities reaffirmed a “buy” rating and set a GBX 130 ($1.68) price target on shares of Lookers in a research report on Tuesday, May 15th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Lookers in a research report on Friday, August 24th.
LON:LOOK traded up GBX 0.80 ($0.01) on Monday, reaching GBX 105.80 ($1.36). The stock had a trading volume of 502,402 shares, compared to its average volume of 984,774. Lookers has a 12-month low of GBX 78.50 ($1.01) and a 12-month high of GBX 131.50 ($1.70).
Lookers Company Profile
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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