Lookers (LON:LOOK) had its price objective boosted by JPMorgan Chase & Co. from GBX 109 ($1.51) to GBX 130 ($1.80) in a report issued on Thursday morning. JPMorgan Chase & Co. currently has an overweight rating on the stock.
Several other analysts have also issued reports on LOOK. Canaccord Genuity reaffirmed a buy rating and issued a GBX 146 ($2.02) target price on shares of Lookers in a research note on Monday, March 5th. Numis Securities reaffirmed a buy rating and issued a GBX 130 ($1.80) target price on shares of Lookers in a research note on Wednesday, March 7th. Peel Hunt reaffirmed a buy rating and issued a GBX 150 ($2.07) target price on shares of Lookers in a research note on Wednesday, March 7th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 145 ($2.00) target price on shares of Lookers in a research note on Wednesday, March 7th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 137.71 ($1.90).
Lookers (LON LOOK) opened at GBX 94.60 ($1.31) on Thursday. The company has a market capitalization of $375.74 and a price-to-earnings ratio of 788.33. Lookers has a 52-week low of GBX 78.50 ($1.08) and a 52-week high of GBX 131.50 ($1.82).
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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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