Lookers (LOOK) Given Buy Rating at Numis Securities
Numis Securities reiterated their buy rating on shares of Lookers (LON:LOOK) in a research report sent to investors on Wednesday morning. The firm currently has a GBX 140 ($1.83) price target on the stock.
A number of other research analysts also recently issued reports on the stock. Peel Hunt restated a buy rating on shares of Lookers in a research report on Tuesday, December 18th. Liberum Capital reiterated a buy rating and issued a GBX 138 ($1.80) price target on shares of Lookers in a research report on Wednesday. Five analysts have rated the stock with a buy rating, Lookers presently has an average rating of Buy and a consensus target price of GBX 142 ($1.86).
Lookers stock opened at GBX 104 ($1.36) on Wednesday. The company has a debt-to-equity ratio of 30.69, a quick ratio of 0.25 and a current ratio of 1.04. Lookers has a 1 year low of GBX 86.60 ($1.13) and a 1 year high of GBX 113.60 ($1.48). The stock has a market cap of $404.64 million and a price-to-earnings ratio of 8.46.
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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