Lookers PLC’s (LOOK) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Lookers PLC (LON:LOOK) in a research note published on Thursday. The firm currently has a GBX 150 ($1.97) price target on the stock.

Other equities analysts also recently issued research reports about the stock. Numis Securities Ltd restated a buy rating and set a GBX 155 ($2.04) price objective on shares of Lookers PLC in a research 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 research report on Wednesday, August 16th. Liberum Capital reiterated a buy rating and issued a GBX 175 ($2.30) price target on shares of Lookers PLC in a report on Wednesday, August 16th. Finally, Berenberg Bank downgraded shares of Lookers PLC to a hold rating and cut their price target for the company from GBX 170 ($2.24) to GBX 95 ($1.25) in a report on Tuesday, October 24th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Lookers PLC currently has an average rating of Buy and a consensus target price of GBX 150.83 ($1.98).

Shares of Lookers PLC (LON:LOOK) traded down GBX 0.69 ($0.01) during trading on Thursday, reaching GBX 99.31 ($1.31). 1,870,000 shares of the company’s stock were exchanged, compared to its average volume of 1,020,000. Lookers PLC has a 52 week low of GBX 96 ($1.26) and a 52 week high of GBX 136.68 ($1.80).

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The business also recently declared a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be issued a GBX 1.41 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 26th. This represents a dividend yield of 1.32%.

Lookers PLC Company Profile

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.

Analyst Recommendations for Lookers PLC (LON:LOOK)

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