Lookers (LOOK) Rating Reiterated by JPMorgan Chase & Co.

Lookers (LON:LOOK)‘s stock had its “neutral” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently commented on LOOK. Numis Securities reaffirmed a “buy” rating and issued a GBX 140 ($1.83) target price on shares of Lookers in a research note on Wednesday, March 13th. Liberum Capital reissued a “buy” rating and set a GBX 138 ($1.80) price objective on shares of Lookers in a research report on Wednesday, March 13th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 150 ($1.96) price objective on shares of Lookers in a research report on Wednesday, May 8th.

Shares of LON:LOOK opened at GBX 87.20 ($1.14) on Wednesday. Lookers has a 52 week low of GBX 87.40 ($1.14) and a 52 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. The company has a market capitalization of $339.28 million and a price-to-earnings ratio of 8.23.

Lookers Company Profile

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.

Further Reading: Support Level

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