Lookers (LOOK) Receives “Overweight” Rating from JPMorgan Chase

JPMorgan Chase reaffirmed their overweight rating on shares of Lookers (LON:LOOK) in a report issued on Wednesday morning.

LOOK has been the subject of a number of other research reports. Peel Hunt reissued a buy rating and set a GBX 190 ($2.58) price target on shares of Lookers in a research report on Thursday, January 25th. Numis Securities reissued a buy rating and set a GBX 130 ($1.76) price target on shares of Lookers in a research report on Tuesday. Canaccord Genuity reissued a buy rating and set a GBX 140 ($1.90) price target on shares of Lookers in a research report on Tuesday. Finally, Liberum Capital reissued a buy rating and set a GBX 145 ($1.97) price target on shares of Lookers in a research report on Wednesday, March 7th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 136.86 ($1.86).

LOOK stock opened at GBX 104.60 ($1.42) on Wednesday. Lookers has a twelve month low of GBX 78.50 ($1.06) and a twelve month high of GBX 131.50 ($1.78).

The company also recently disclosed a dividend, which will be paid on Thursday, May 31st. Investors of record on Thursday, May 3rd will be paid a dividend of GBX 2.48 ($0.03) per share. The ex-dividend date is Thursday, May 3rd. This is a boost from Lookers’s previous dividend of $1.41. This represents a yield of 2.76%.

About Lookers

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

Analyst Recommendations for Lookers (LON:LOOK)

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