Motorpoint Group PLC (MOTR) Given “Buy” Rating at Numis Securities Ltd
Numis Securities Ltd reissued their buy rating on shares of Motorpoint Group PLC (LON:MOTR) in a research note published on Tuesday morning. Numis Securities Ltd currently has a GBX 250 ($3.10) price objective on the stock.
Motorpoint Group PLC (LON:MOTR) opened at 127.00 on Tuesday. The stock has a 50 day moving average price of GBX 143.57 and a 200 day moving average price of GBX 192.00. The stock’s market cap is GBX 127.00 million. Motorpoint Group PLC has a 52 week low of GBX 119.69 and a 52 week high of GBX 245.50.
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The firm also recently announced a dividend, which will be paid on Friday, March 17th. Investors of record on Thursday, February 16th will be given a dividend of GBX 1.33 ($0.02) per share. The ex-dividend date of this dividend is Thursday, February 16th. This represents a yield of 1.06%.
In other Motorpoint Group PLC news, insider David Shelton bought 520,000 shares of Motorpoint Group PLC stock in a transaction that occurred on Thursday, October 20th. The shares were purchased at an average cost of GBX 138 ($1.71) per share, for a total transaction of £717,600 ($890,212.13). Also, insider Mary McNamara bought 35,000 shares of Motorpoint Group PLC stock in a transaction that occurred on Friday, October 21st. The shares were acquired at an average price of GBX 140 ($1.74) per share, for a total transaction of £49,000 ($60,786.50).
Motorpoint Group PLC Company Profile
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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