Lookers PLC (LOOK) Receives Consensus Rating of “Buy” from Brokerages

Lookers PLC (LON:LOOK) has been given an average rating of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 144 ($1.93).

LOOK has been the subject of a number of analyst reports. Peel Hunt reiterated a “buy” rating on shares of Lookers in a report on Tuesday, December 5th. JPMorgan Chase & Co. assumed coverage on shares of Lookers in a report on Friday, December 1st. They set an “overweight” rating and a GBX 109 ($1.46) price target on the stock. Liberum Capital reiterated a “buy” rating and set a GBX 175 ($2.34) price target on shares of Lookers in a report on Thursday, November 9th. Finally, Berenberg Bank cut shares of Lookers to a “hold” rating and cut their price target for the company from GBX 170 ($2.27) to GBX 95 ($1.27) in a report on Tuesday, October 24th.

Shares of Lookers (LON:LOOK) remained flat at $GBX 103 ($1.38) during midday trading on Tuesday. Lookers has a fifty-two week low of GBX 91.88 ($1.23) and a fifty-two week high of GBX 136.68 ($1.83). The company has a market cap of $409.10 and a price-to-earnings ratio of 542.11.

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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.

Analyst Recommendations for Lookers (LON:LOOK)

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