Lookers PLC (LON:LOOK) has been reiterated to Buy in a report by N+1 Singer today.
- Updated: September 25, 2016
Boasting a price of 124.63GBX, Lookers PLC (LON:LOOK) traded -2.92% lower on the day. With the last stock price close down -7.15% 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 128.49GBX and a two hundred day average of 134.09GBX. Volume of trade was down over the average, with 103,035 shares of LOOK changing hands under the typical 1,123,020
N+1 Singer has reiterated Lookers PLC (LON:LOOK) to Buy in a statement released on 9/26/2016.
On Tuesday August 23, 2016, Numis released a statement for Lookers PLC (LON:LOOK) maintained the target price at 190.00GBX that suggested an upside of 0.46%.
With a total market value of 0 GBX, Lookers PLC has price-earnings ratio of 8.96 with a one year low of 88.00GBX and a one year high of 188.80GBX .
A total of 7 equity analysts have released a ratings update on LOOK. Two equity analysts rating the company a strong buy, three equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 192.86GBX.
Brief Synopsis 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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