Liberum Capital Reiterates “Buy” Rating for Lookers PLC (LOOK)

Lookers PLC (LON:LOOK)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research report issued on Wednesday. They presently have a GBX 175 ($2.27) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 59.09% from the stock’s previous close.

A number of other research firms have also commented on LOOK. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 ($2.21) price objective on shares of Lookers PLC in a research note on Tuesday, April 25th. N+1 Singer reaffirmed a “buy” rating and issued a GBX 168 ($2.18) price objective on shares of Lookers PLC in a research note on Friday, May 12th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 190 ($2.47) price objective on shares of Lookers PLC in a research note on Thursday, May 11th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 155 ($2.01) price objective on shares of Lookers PLC in a research note on Thursday, May 11th. Six investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of GBX 170 ($2.21).

Shares of Lookers PLC (LON:LOOK) opened at 111.75 on Wednesday. The stock’s market cap is GBX 443.55 million. The stock’s 50 day moving average price is GBX 111.32 and its 200 day moving average price is GBX 121.57. Lookers PLC has a 52 week low of GBX 96.00 and a 52 week high of GBX 139.50.

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About Lookers PLC

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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