Pendragon (NASDAQ:PDGNF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The firm presently has a $0.50 target price on the stock.

According to Zacks, “Pendragon PLC is an automotive retailer company. Its operating segment consists of Stratstone, Evans Halshaw, California, Leasing, Quickco, Pinewood and Central. The company sells new and used motor vehicles under the Aston Martin, BMW, Ferrari, Jaguar, Land Rover, Mercedes-Benz, MINI, Morgan, Porsche, Smart, Citroen, Dacia, Ford, Honda, Hyundai, Kia, Nissan, Peugeot, Renault, SEAT and Vauxhall brands. Pendragon PLC is headquartered in Nottingham, the United Kingdom. “

Pendragon (NASDAQ:PDGNF) traded up inf% during mid-day trading on Wednesday, hitting $0.345. The company had a trading volume of 30,000 shares. Pendragon has a 1-year low of $0.35 and a 1-year high of $0.35.

COPYRIGHT VIOLATION WARNING: “Pendragon (PDGNF) Upgraded to “Buy” at Zacks Investment Research” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://www.americanbankingnews.com/2017/09/10/pendragon-pdgnf-upgraded-to-buy-at-zacks-investment-research.html.

Get a free copy of the Zacks research report on Pendragon (PDGNF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Pendragon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon and related companies with MarketBeat.com's FREE daily email newsletter.