JPMorgan Chase & Co. Boosts Lookers (LOOK) Price Target to GBX 130
Lookers (LON:LOOK) had its target price boosted by JPMorgan Chase & Co. from GBX 109 ($1.51) to GBX 130 ($1.80) in a research report report published on Thursday morning. They currently have an overweight rating on the stock.
A number of other research analysts have also weighed in on LOOK. Canaccord Genuity reissued a buy rating and set a GBX 146 ($2.02) target price on shares of Lookers in a research report on Monday, March 5th. Numis Securities reaffirmed a buy rating and set a GBX 130 ($1.80) price objective on shares of Lookers in a research report on Wednesday. Peel Hunt reaffirmed a buy rating and set a GBX 150 ($2.07) price objective on shares of Lookers in a research report on Wednesday. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 145 ($2.00) price objective on shares of Lookers in a research report on Wednesday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of GBX 137.71 ($1.90).
Lookers (LOOK) opened at GBX 94.60 ($1.31) on Thursday. The firm has a market cap of $375.74 and a price-to-earnings ratio of 788.33. Lookers has a 52-week low of GBX 78.50 ($1.08) and a 52-week high of GBX 131.50 ($1.82).
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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