Pendragon (NASDAQ:PDGNF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Thursday. 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 trading on Thursday, reaching $0.345. 30,000 shares of the company’s stock were exchanged. Pendragon has a 52 week low of $0.35 and a 52 week high of $0.35.

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