Peel Hunt Reaffirms “Buy” Rating for Lookers PLC (LOOK)
Several other equities research analysts have also recently issued reports on LOOK. Numis Securities Ltd restated a buy rating and set a GBX 155 ($2.04) price objective on shares of Lookers PLC in a report on Wednesday, August 16th. Liberum Capital restated a buy rating and set a GBX 175 ($2.30) price objective on shares of Lookers PLC in a report on Wednesday, August 16th. N+1 Singer restated a buy rating and set a GBX 168 ($2.21) price objective on shares of Lookers PLC in a report on Wednesday, August 16th. Finally, Berenberg Bank cut Lookers PLC to a hold rating and decreased their price objective for the stock from GBX 170 ($2.24) to GBX 95 ($1.25) in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Lookers PLC currently has a consensus rating of Buy and a consensus price target of GBX 150.83 ($1.98).
Lookers PLC (LOOK) opened at GBX 99 ($1.30) on Friday. Lookers PLC has a one year low of GBX 97.91 ($1.29) and a one year high of GBX 136.68 ($1.80).
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The company also recently announced a dividend, which will be paid on Friday, November 24th. Investors of record on Thursday, October 26th will be issued a GBX 1.41 ($0.02) dividend. This represents a yield of 1.32%. The ex-dividend date is Thursday, October 26th.
About Lookers PLC
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.
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