Lookers PLC (LOOK) Given Consensus Rating of “Buy” by Brokerages

Lookers PLC (LON:LOOK) has been given an average recommendation of “Buy” by the seven research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 150.57 ($2.08).

LOOK has been the subject of a number of research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 150 ($2.07) target price on shares of Lookers in a report on Friday, November 3rd. Berenberg Bank cut shares of Lookers to a “hold” rating and reduced their target price for the company from GBX 170 ($2.35) to GBX 95 ($1.31) in a report on Tuesday, October 24th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 175 ($2.42) target price on shares of Lookers in a report on Thursday, November 9th. Finally, JPMorgan Chase & Co. began coverage on shares of Lookers in a report on Friday, December 1st. They set an “overweight” rating and a GBX 109 ($1.51) price target for the company.

Shares of Lookers (LON:LOOK) traded up GBX 3.70 ($0.05) during trading hours on Wednesday, hitting GBX 90.70 ($1.25). 703,151 shares of the stock were exchanged, compared to its average volume of 589,410. Lookers has a 1-year low of GBX 78.50 ($1.08) and a 1-year high of GBX 136.68 ($1.89). The stock has a market capitalization of $360.25 and a PE ratio of 477.37.

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Lookers Company Profile

Lookers plc operates as a motor retail and aftersales company in the United Kingdom. The Company operates through two business segments: motor distribution and parts distribution. The motor division consists of over 150 franchised dealerships representing over 30 marques from approximately 100 locations.

Analyst Recommendations for Lookers (LON:LOOK)

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