Liberum Capital Reaffirms Buy Rating for Lookers plc (LOOK)

Liberum Capital restated their buy rating on shares of Lookers plc (LON:LOOK) in a research note published on Thursday. They currently have a GBX 175 ($2.30) target price on the stock.

A number of other brokerages have also recently issued reports on LOOK. Peel Hunt restated a buy rating and set a GBX 150 ($1.97) target price on shares of Lookers plc in a research report on Friday, November 3rd. Numis Securities Ltd restated a buy rating and set a GBX 155 ($2.04) target price 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) target price on shares of Lookers plc in a research report on Wednesday, August 16th. Finally, Berenberg Bank cut shares of Lookers plc to a hold rating and cut their target price for the stock from GBX 170 ($2.24) to GBX 95 ($1.25) in a research report on Tuesday, October 24th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Lookers plc currently has an average rating of Buy and an average price target of GBX 150.83 ($1.98).

Lookers plc (LON LOOK) traded down GBX 0.69 ($0.01) during mid-day trading on Thursday, reaching GBX 99.31 ($1.31). 1,870,000 shares of the company 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 firm also recently announced a dividend, which will be paid on Friday, November 24th. Shareholders of record on Thursday, October 26th will be given a dividend of GBX 1.41 ($0.02) per share. This represents a yield of 1.32%. The ex-dividend date is Thursday, October 26th.

About Lookers plc

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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