Lookers Receives Add Rating from Numis Securities Ltd (LOOK)
Lookers (LON:LOOK)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a research note issued on Wednesday, Analyst Ratings News reports. They currently have a GBX 150 ($2.43) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 17.50% from the company’s current price.
Shares of Lookers (LON:LOOK) opened at 132.00 on Wednesday. Lookers has a 52 week low of GBX 71.50 and a 52 week high of GBX 132.75. The stock’s 50-day moving average is GBX 123.1 and its 200-day moving average is GBX 111.0. The company’s market cap is £512.1 million.
A number of other analysts have also recently weighed in on LOOK. Analysts at Panmure Gordon upgraded shares of Lookers from a “hold” rating to a “buy” rating in a research note to investors on Thursday, October 3rd. They now have a GBX 140 ($2.27) price target on the stock.
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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