Zacks Investment Research cut shares of Pendragon (NASDAQ:PDGNF) from a buy rating to a hold rating in a report issued on Thursday.

According to Zacks, “Pendragon PLC is an automotive retailer company. Its operating segment consists of Stratstone, Evans Halshaw, California, Leasing, Quickco, Pinewood and Central. The company sells new and used motor vehicles under the Aston Martin, BMW, Ferrari, Jaguar, Land Rover, Mercedes-Benz, MINI, Morgan, Porsche, Smart, Citroen, Dacia, Ford, Honda, Hyundai, Kia, Nissan, Peugeot, Renault, SEAT and Vauxhall brands. Pendragon PLC is headquartered in Nottingham, the United Kingdom. “

Pendragon (NASDAQ:PDGNF) opened at 0.345 on Thursday. Pendragon has a 52 week low of $0.35 and a 52 week high of $0.35.

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