Numis Securities Ltd Reiterates “Buy” Rating for Lookers PLC (LOOK)
Lookers PLC (LON:LOOK)‘s stock had its “buy” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday. They currently have a GBX 175 ($2.97) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 33.59% from the stock’s previous close.
Lookers PLC (LON:LOOK) traded down 1.32% during mid-day trading on Friday, hitting GBX 131.00. The stock had a trading volume of 180,667 shares. Lookers PLC has a 52 week low of GBX 114.25 and a 52 week high of GBX 151.75. The stock has a 50-day moving average of GBX 134.1 and a 200-day moving average of GBX 136.8. The company’s market cap is £508.7 million.
Separately, analysts at Panmure Gordon raised their price target on shares of Lookers PLC from GBX 157 ($2.67) to GBX 166 ($2.82) in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock.
Lookers plc is a United Kingdom-based motor retail and after sales service company. The Company operates in two divisions: motor distribution and parts distribution.
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