Peel Hunt Reaffirms “Buy” Rating for Lookers PLC (LOOK)

Peel Hunt reissued their buy rating on shares of Lookers PLC (LON:LOOK) in a research note published on Thursday, May 11th. They currently have a GBX 190 ($2.40) price target on the stock.

Other research analysts have also issued reports about the company. Canaccord Genuity reiterated a buy rating on shares of Lookers PLC in a research report on Monday, January 23rd. Berenberg Bank reiterated a buy rating and issued a GBX 170 ($2.15) price objective on shares of Lookers PLC in a research report on Thursday, February 9th. Numis Securities Ltd reiterated a buy rating and issued a GBX 155 ($1.96) price objective on shares of Lookers PLC in a research report on Wednesday, March 8th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 175 ($2.21) price objective on shares of Lookers PLC in a research report on Wednesday, March 8th. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average price target of GBX 170 ($2.15).

Lookers PLC (LON LOOK) opened at 129.50 on Thursday. The company’s 50-day moving average price is GBX 125.51 and its 200-day moving average price is GBX 122.51. The stock’s market cap is GBX 513.52 million. Lookers PLC has a 12-month low of GBX 88.00 and a 12-month high of GBX 146.79.

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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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