A statement released earlier today by Numis about Lookers PLC (LON:LOOK) ups the target price to 170.00GBX
- Updated: October 1, 2016
Boasting a price of 114.25GBX, Lookers PLC (LON:LOOK) traded -2.35% lower on the day. The last stock close price is down -13.60% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Lookers PLC has recorded a 50-day average of 129.52GBX and a two hundred day average of 132.52GBX. Volume of trade was down over the average, with 425,764 shares of LOOK changing hands under the typical 1,006,120
In a report released on 9/30/2016 Numis increased the stock price target of Lookers PLC (LON:LOOK) to 170.00GBX stating a potential upside of 0.49%.
Recent Performance Chart
Lookers PLC has PE ratio of 8.24 with a one year low of 88.00GBX and a one year high of 188.80GBX and has a market capitalization of 0 GBX.
A total of 7 brokers have issued a report on the company. 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 192.86GBX.
About Lookers PLC (LON:LOOK)
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. Aftersales represents the servicing, repair and sale of franchised parts to customers' vehicles. Its parts division operates in the independent aftermarket sector of the United Kingdom's motor retail market, where it operates through three operating companies: FPS, Apec Braking and BTN Turbo. FPS is a warehouse distributor of automotive parts. Apec Braking is a provider of dry braking (pads and discs). BTN Turbo is a distributor of turbochargers and supplier of related value added services. Its operations are also carried out across Ireland. It sells approximately 180,000 new and used cars and vans per year. In addition, it has an independent parts distribution business.
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