Liberum Capital Reaffirms “Buy” Rating for Lookers (LON:LOOK)

Liberum Capital reaffirmed their buy rating on shares of Lookers (LON:LOOK) in a research report sent to investors on Wednesday, June 26th, Digital Look reports. The brokerage currently has a GBX 119 ($1.55) target price on the stock.

A number of other research analysts have also recently issued reports on the stock. Numis Securities reiterated a buy rating on shares of in a research note on Friday, May 31st. JPMorgan Chase & Co. restated a neutral rating on shares of Anglo American in a research report on Wednesday, May 15th. Finally, Peel Hunt restated a hold rating and issued a GBX 920 ($12.02) price objective on shares of Antofagasta in a research report on Wednesday, June 26th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of GBX 90 ($1.18).

Shares of LON:LOOK traded down GBX 0.60 ($0.01) during midday trading on Wednesday, hitting GBX 44.90 ($0.59). The company’s stock had a trading volume of 947,538 shares, compared to its average volume of 984,774. The firm has a market capitalization of $174.77 million and a PE ratio of 4.24. The stock’s 50 day moving average is GBX 64.35. Lookers has a fifty-two week low of GBX 33.70 ($0.44) and a fifty-two week high of GBX 113.60 ($1.48). The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 132.03.

In other news, insider Nigel McMinn bought 200,000 shares of the firm’s stock in a transaction on Friday, July 12th. The shares were bought at an average price of GBX 39 ($0.51) per share, for a total transaction of £78,000 ($101,920.82).

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.

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Analyst Recommendations for Lookers (LON:LOOK)

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