Peel Hunt reaffirmed their buy rating on shares of Lookers (LON:LOOK) in a research note published on Wednesday.

Separately, Numis Securities increased their target price on Lookers from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the company a buy rating in a research note on Wednesday, August 15th. Five investment analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and a consensus target price of GBX 141 ($1.84).

Shares of LOOK stock traded down GBX 1.30 ($0.02) on Wednesday, reaching GBX 98 ($1.28). The company’s stock had a trading volume of 252,004 shares, compared to its average volume of 984,774. Lookers has a 12-month low of GBX 78.50 ($1.03) and a 12-month high of GBX 131.50 ($1.72).

The company also recently declared a dividend, which will be paid on Friday, November 23rd. Investors of record on Thursday, October 18th will be issued a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 18th. This represents a yield of 1.4%.

Lookers Company Profile

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

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Analyst Recommendations for Lookers (LON:LOOK)

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