Zacks Investment Research Upgrades Pendragon (PDGNF) to Buy
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.
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