Lookers plc (LON:LOOK)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 94.75 ($1.25) and last traded at GBX 96.50 ($1.27), with a volume of 659094 shares changing hands. The stock had previously closed at GBX 96.50 ($1.27).

A number of brokerages have recently issued reports on LOOK. Liberum Capital restated a “buy” rating and issued a GBX 175 ($2.30) price objective on shares of Lookers plc in a research note on Wednesday, August 16th. Peel Hunt restated a “buy” rating and issued a GBX 190 ($2.50) price objective on shares of Lookers plc in a research note on Wednesday, August 16th. Berenberg Bank cut shares of Lookers plc to a “hold” rating and dropped their price objective for the company from GBX 170 ($2.24) to GBX 95 ($1.25) in a research note on Tuesday, October 24th. N+1 Singer restated a “buy” rating and issued a GBX 168 ($2.21) price objective on shares of Lookers plc in a research note on Wednesday, August 16th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 155 ($2.04) price objective on shares of Lookers plc in a research note on Wednesday, August 16th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 150.83 ($1.98).

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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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