Shares of Lookers plc (LON:LOOK) have been assigned an average recommendation of “Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 144 ($1.94).
Several analysts recently commented on the stock. N+1 Singer restated a “buy” rating and set a GBX 168 ($2.26) price target on shares of Lookers in a report on Wednesday, August 16th. Liberum Capital reaffirmed a “buy” rating and set a GBX 175 ($2.36) price objective on shares of Lookers in a research report on Wednesday, August 16th. Numis Securities reaffirmed a “buy” rating and set a GBX 155 ($2.09) price objective on shares of Lookers in a research report on Wednesday, August 16th. Peel Hunt reissued a “buy” rating and issued a GBX 190 ($2.56) price target on shares of Lookers in a research report on Wednesday, August 16th. Finally, Berenberg Bank downgraded shares of Lookers to a “hold” rating and reduced their target price for the company from GBX 170 ($2.29) to GBX 95 ($1.28) in a research note on Tuesday, October 24th.
Shares of Lookers (LON LOOK) traded up GBX 0.12 ($0.00) during mid-day trading on Friday, reaching GBX 94.62 ($1.27). 626,490 shares of the company traded hands, compared to its average volume of 1,090,000. Lookers has a 1 year low of GBX 92.75 ($1.25) and a 1 year high of GBX 136.68 ($1.84).
Lookers 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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