Motorpoint Group PLC (MOTR) Earns Buy Rating from Numis Securities Ltd
Motorpoint Group PLC (LON:MOTR)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 250 ($3.05) target price on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 49.70% from the company’s previous close.
Motorpoint Group PLC (LON:MOTR) traded down 22.60% on Wednesday, hitting GBX 129.25. The company’s stock had a trading volume of 819,969 shares. The company’s market capitalization is GBX 129.25 million. The company has a 50 day moving average price of GBX 196.09 and a 200-day moving average price of GBX 206.60. Motorpoint Group PLC has a 1-year low of GBX 128.00 and a 1-year high of GBX 245.50.
Motorpoint Group PLC Company Profile
Motorpoint Group plc is an independent vehicle retailer. The Company’s primary business is the sale of vehicles, of which are approximately two years old and which have covered approximately 15,000 miles. The Company sells vehicles from brands representing vehicle sales in the United Kingdom, with models, such as Ford, Vauxhall, Volkswagen, Hyundai and Audi.
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