Pendragon (NASDAQ:PDGNF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Thursday. The firm currently has a $0.50 price target on the stock.

According to Zacks, “Pendragon PLC is an automotive retailer company. Its operating segment consists of Stratstone, Evans Halshaw, California, Leasing, Quickco, Pinewood and Central. The company sells new and used motor vehicles under the Aston Martin, BMW, Ferrari, Jaguar, Land Rover, Mercedes-Benz, MINI, Morgan, Porsche, Smart, Citroen, Dacia, Ford, Honda, Hyundai, Kia, Nissan, Peugeot, Renault, SEAT and Vauxhall brands. Pendragon PLC is headquartered in Nottingham, the United Kingdom. “

Shares of Pendragon (NASDAQ:PDGNF) traded up inf% during midday trading on Thursday, hitting $0.345. 30,000 shares of the stock were exchanged. Pendragon has a 1-year low of $0.35 and a 1-year high of $0.35.

WARNING: “Zacks Investment Research Upgrades Pendragon (PDGNF) to Buy” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another domain, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this report can be read at https://www.thecerbatgem.com/2017/09/16/zacks-investment-research-upgrades-pendragon-pdgnf-to-buy.html.

Receive News & Stock Ratings for Pendragon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon and related stocks with our FREE daily email newsletter.