Motorpoint Group PLC (MOTR) Given “Buy” Rating at Numis Securities Ltd
Motorpoint Group PLC (LON:MOTR)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 250 ($3.05) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 49.70% from the stock’s previous close.
Shares of Motorpoint Group PLC (LON:MOTR) traded down 22.97% on Wednesday, reaching GBX 128.64. 818,129 shares of the company traded hands. Motorpoint Group PLC has a 52-week low of GBX 128.00 and a 52-week high of GBX 245.50. The stock’s market cap is GBX 128.64 million. The stock has a 50 day moving average of GBX 196.09 and a 200 day moving average of GBX 206.60.
About Motorpoint Group PLC
Motorpoint Group plc is an independent vehicle retailer. The Company’s primary business is the sale of vehicles, of which are approximately two years old and which have covered approximately 15,000 miles. The Company sells vehicles from brands representing vehicle sales in the United Kingdom, with models, such as Ford, Vauxhall, Volkswagen, Hyundai and Audi.
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