Lookers PLC (LOOK) Given Consensus Rating of “Buy” by Analysts

Shares of Lookers PLC (LON:LOOK) have been given an average recommendation of “Buy” by the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 150.57 ($2.04).

LOOK has been the topic of several research reports. Peel Hunt reissued a “buy” rating and issued a GBX 150 ($2.03) target price on shares of Lookers in a research report on Friday, November 3rd. Berenberg Bank cut Lookers to a “hold” rating and dropped their target price for the stock from GBX 170 ($2.31) to GBX 95 ($1.29) in a research report on Tuesday, October 24th. Liberum Capital reissued a “buy” rating and issued a GBX 175 ($2.37) target price on shares of Lookers in a research report on Thursday, November 9th. Finally, JPMorgan Chase & Co. initiated coverage on Lookers in a research report on Friday, December 1st. They issued an “overweight” rating and a GBX 109 ($1.48) target price on the stock.

Shares of Lookers (LOOK) traded down GBX 1.20 ($0.02) during trading hours on Friday, reaching GBX 101.20 ($1.37). The company’s stock had a trading volume of 1,697,211 shares, compared to its average volume of 282,358. The stock has a market capitalization of $401.96 and a PE ratio of 532.63. Lookers has a fifty-two week low of GBX 91.88 ($1.25) and a fifty-two week high of GBX 136.68 ($1.85).

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About Lookers

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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