Lookers’ (LOOK) Buy Rating Reaffirmed at Peel Hunt
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).
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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