Panmure Gordon Upgrades Lookers to Buy (LOOK)
Lookers (LON:LOOK) was upgraded by Panmure Gordon to a “buy” rating in a research note issued on Thursday, Analyst Ratings Network reports. The firm currently has a GBX 140 ($2.26) price objective on the stock. Panmure Gordon’s price objective indicates a potential upside of 15.93% from the company’s current price.
LOOK has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Lookers (LON:LOOK) in a research note to investors on Wednesday, September 18th. They now have a GBX 150 ($2.42) price target on the stock.
Lookers (LON:LOOK) traded up 1.15% on Thursday, hitting GBX 121.38. The stock had a trading volume of 232,284 shares. Lookers has a one year low of GBX 71.50 and a one year high of GBX 132.75. The stock’s 50-day moving average is GBX 123.4 and its 200-day moving average is GBX 107.0. The company’s market cap is £470.9 million.
Lookers plc is a motor retail and after sales service company. The Company operates in two divisions: motor distribution and parts distribution.
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