Lookers (LON:LOOK)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 138 ($1.80) target price on the stock. Liberum Capital’s price target suggests a potential upside of 34.50% from the company’s previous close.
Separately, Peel Hunt restated a “buy” rating on shares of Lookers in a research report on Tuesday, December 18th. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of GBX 142 ($1.86).
Shares of LOOK stock opened at GBX 102.60 ($1.34) on Wednesday. The company has a current ratio of 1.04, a quick ratio of 0.25 and a debt-to-equity ratio of 30.69. Lookers has a 52-week low of GBX 86.60 ($1.13) and a 52-week high of GBX 113.60 ($1.48). The firm has a market capitalization of $399.19 million and a P/E ratio of 8.34.
Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.
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