Lookers PLC (LOOK) Receives GBX 137.71 Average Price Target from Brokerages
Lookers PLC (LON:LOOK) has received an average recommendation of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 137.71 ($1.90).
A number of research firms have commented on LOOK. Peel Hunt reaffirmed a “buy” rating and set a GBX 190 ($2.63) target price on shares of Lookers in a report on Thursday, January 25th. JPMorgan Chase & Co. began coverage on Lookers in a report on Friday, December 1st. They set an “overweight” rating and a GBX 109 ($1.51) target price on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 145 ($2.00) target price on shares of Lookers in a report on Wednesday, March 7th. Numis Securities reaffirmed a “buy” rating and set a GBX 130 ($1.80) target price on shares of Lookers in a report on Wednesday, March 7th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 146 ($2.02) target price on shares of Lookers in a report on Monday, March 5th.
Lookers (LON:LOOK) traded down GBX 0.30 ($0.00) during trading hours on Friday, reaching GBX 90.90 ($1.26). The company’s stock had a trading volume of 217,608 shares, compared to its average volume of 967,275. Lookers has a 52 week low of GBX 78.50 ($1.08) and a 52 week high of GBX 131.50 ($1.82). The company has a market cap of $365.41 and a P/E ratio of 757.50.
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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