N+1 Singer Reaffirms “Buy” Rating for BCA Marketplace PLC (BCA)
BCA Marketplace PLC (LON:BCA)‘s stock had its “buy” rating restated by N+1 Singer in a report issued on Friday. They currently have a GBX 275 ($3.55) target price on the stock. N+1 Singer’s price target would suggest a potential upside of 33.82% from the company’s previous close.
A number of other equities analysts have also weighed in on the stock. J P Morgan Chase & Co boosted their price target on shares of BCA Marketplace PLC from GBX 230 ($2.97) to GBX 250 ($3.23) and gave the stock an “overweight” rating in a research report on Friday, July 28th. Numis Securities Ltd boosted their price target on shares of BCA Marketplace PLC from GBX 220 ($2.84) to GBX 235 ($3.03) and gave the stock a “buy” rating in a research report on Tuesday, June 27th.
Shares of BCA Marketplace PLC (LON BCA) traded up 2.19% during mid-day trading on Friday, hitting GBX 210.00. 15,102,102 shares of the stock traded hands. BCA Marketplace PLC has a 12 month low of GBX 171.00 and a 12 month high of GBX 213.35. The firm has a 50 day moving average of GBX 194.01 and a 200 day moving average of GBX 193.95. The company’s market cap is GBX 1.64 billion.
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In other news, insider Tim Lampert bought 3,929 shares of BCA Marketplace PLC stock in a transaction on Tuesday, August 29th. The shares were bought at an average cost of GBX 179 ($2.31) per share, with a total value of £7,032.91 ($9,082.93). Also, insider James Henry Corsellis bought 2,681,551 shares of BCA Marketplace PLC stock in a transaction on Wednesday, June 28th. The shares were purchased at an average cost of GBX 198 ($2.56) per share, for a total transaction of £5,309,470.98 ($6,857,123.83). Insiders have acquired 3,373,290 shares of company stock worth $663,960,391 over the last ninety days.
About BCA Marketplace PLC
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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