Numis Securities Ltd Upgrades BCA Marketplace PLC (BCA) to Buy
BCA Marketplace PLC (LON:BCA) was upgraded by stock analysts at Numis Securities Ltd to a “buy” rating in a research note issued on Friday. The firm currently has a GBX 220 ($2.72) target price on the stock, up from their prior target price of GBX 210 ($2.60). Numis Securities Ltd’s price objective would indicate a potential upside of 25.00% from the stock’s previous close.
BCA has been the subject of a number of other reports. JPMorgan Chase & Co. upped their price target on shares of BCA Marketplace PLC from GBX 190 ($2.35) to GBX 200 ($2.48) and gave the company an “overweight” rating in a report on Wednesday, June 29th. N+1 Singer upped their price target on shares of BCA Marketplace PLC from GBX 198 ($2.45) to GBX 220 ($2.72) and gave the company a “buy” rating in a report on Friday, September 30th.
BCA Marketplace PLC (LON:BCA) opened at 178.00 on Friday. The firm has a 50-day moving average price of GBX 189.73 and a 200-day moving average price of GBX 178.48. BCA Marketplace PLC has a 52 week low of GBX 154.00 and a 52 week high of GBX 205.00. The firm’s market capitalization is GBX 1.39 billion.
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In related news, insider Lis,David acquired 25,000 shares of the business’s stock in a transaction dated Tuesday, July 19th. The stock was acquired at an average price of GBX 171 ($2.12) per share, with a total value of £42,750 ($52,908.42). Also, insider Palmer-Baunack,Avril acquired 13,626 shares of the business’s stock in a transaction dated Wednesday, July 20th. The shares were bought at an average cost of GBX 176 ($2.18) per share, with a total value of £23,981.76 ($29,680.40).
BCA Marketplace PLC Company Profile
BCA Marketplace plc, formerly Haversham Holdings plc, owns and operates the United Kingdom and Europe’s used-vehicle marketplace. The Company provides vehicle buying services, We Buy Any Car. Its segments include Vehicle Remarketing, Vehicle Buying and Other. The Company operates through three divisions: UK Vehicle Remarketing, International Vehicle Remarketing and Vehicle Buying.
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