Lookers PLC (LOOK) Reaches New 52-Week Low at $98.00
Lookers PLC (LON:LOOK)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 98 ($1.29) and last traded at GBX 98.50 ($1.30), with a volume of 10574397 shares trading hands. The stock had previously closed at GBX 98.50 ($1.30).
LOOK has been the subject of several analyst reports. Berenberg Bank downgraded shares of Lookers PLC to a “hold” rating and dropped their price target for the company from GBX 170 ($2.24) to GBX 95 ($1.25) in a research note on Tuesday, October 24th. Liberum Capital reaffirmed a “buy” rating and set a GBX 175 ($2.30) price target on shares of Lookers PLC in a research note on Wednesday, August 16th. Peel Hunt reaffirmed a “buy” rating and set a GBX 190 ($2.50) price target on shares of Lookers PLC in a research note on Wednesday, August 16th. N+1 Singer reiterated a “buy” rating and set a GBX 168 ($2.21) price objective on shares of Lookers PLC in a research report on Wednesday, August 16th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 155 ($2.04) price objective on shares of Lookers PLC in a research report on Wednesday, August 16th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 150.83 ($1.98).
The company also recently disclosed a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be given a dividend of GBX 1.41 ($0.02) per share. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, October 26th.
Lookers PLC Company Profile
Lookers plc operates as a motor retail and aftersales company in the United Kingdom. The Company operates through two business segments: motor distribution and parts distribution. The motor division consists of over 150 franchised dealerships representing over 30 marques from approximately 100 locations.
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