Numis Securities Ltd Upgrades BCA Marketplace PLC (BCA) to Buy
BCA Marketplace PLC (LON:BCA) was upgraded by stock analysts at Numis Securities Ltd to a “buy” rating in a note issued to investors on Friday. The firm presently has a GBX 220 ($2.72) target price on the stock, up from their prior target price of GBX 210 ($2.60). Numis Securities Ltd’s target price would suggest a potential upside of 25.00% from the company’s current price.
Other analysts have also issued reports about the company. N+1 Singer boosted their price objective on BCA Marketplace PLC from GBX 198 ($2.45) to GBX 220 ($2.72) and gave the company a “buy” rating in a report on Friday, September 30th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 200 ($2.48) price objective on shares of BCA Marketplace PLC in a report on Wednesday, July 20th.
BCA Marketplace PLC (LON:BCA) opened at 178.00 on Friday. The stock’s market capitalization is GBX 1.39 billion. The stock’s 50 day moving average price is GBX 189.73 and its 200-day moving average price is GBX 178.48. BCA Marketplace PLC has a 52 week low of GBX 154.00 and a 52 week high of GBX 205.00.
In other news, insider Lis,David acquired 25,000 shares of the stock in a transaction that occurred on Tuesday, July 19th. The stock was purchased at an average cost of GBX 171 ($2.12) per share, with a total value of £42,750 ($52,908.42). Also, insider Palmer-Baunack,Avril acquired 11,028 shares of the stock in a transaction that occurred on Thursday, July 28th. The stock was purchased at an average cost of GBX 181 ($2.24) per share, with a total value of £19,960.68 ($24,703.81).
BCA Marketplace PLC Company Profile
BCA Marketplace plc, formerly Haversham Holdings plc, owns and operates the United Kingdom and Europe’s used-vehicle marketplace. The Company provides vehicle buying services, We Buy Any Car. Its segments include Vehicle Remarketing, Vehicle Buying and Other. The Company operates through three divisions: UK Vehicle Remarketing, International Vehicle Remarketing and Vehicle Buying.
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