Numis Securities Ltd reissued their buy rating on shares of Lookers PLC (LON:LOOK) in a research note published on Wednesday morning, AnalystRatings.NET reports. They currently have a GBX 220 ($3.17) price objective on the stock.

In other Lookers PLC news, insider Bruce,Andrew Campbell acquired 15,340 shares of Lookers PLC stock in a transaction dated Wednesday, December 16th. The stock was bought at an average price of GBX 59 ($0.85) per share, for a total transaction of £9,050.60 ($13,020.57).

A number of other brokerages have also issued reports on LOOK. Liberum Capital reiterated a buy rating and issued a GBX 215 ($3.09) target price on shares of Lookers PLC in a research report on Monday, November 23rd. Berenberg Bank increased their target price on shares of Lookers PLC from GBX 175 ($2.52) to GBX 220 ($3.17) and gave the company a buy rating in a research report on Friday, January 15th. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus price target of GBX 206.40 ($2.97).

Lookers PLC (LON:LOOK) traded up 2.91% during trading on Wednesday, hitting GBX 162.60. 2,715,691 shares of the stock were exchanged. The firm’s market cap is GBX 640.33 million. Lookers PLC has a 12-month low of GBX 142.46 and a 12-month high of GBX 188.80. The stock’s 50-day moving average price is GBX 168.49 and its 200-day moving average price is GBX 169.38.

Lookers plc is engaged in the sale, hire and maintenance of motor vehicles and motorcycles, including the sale of tires, oil, parts and accessories. The Company operates through two business segments: motor distribution and parts distribution. The Company’s motor distribution division is involved in the sale of new and used cars, and aftersales activities, including the servicing, repair and sale of franchised parts to customers’ vehicles. The Company’s motor distribution division consists of around 123 franchised dealerships representing 31 marques from 77 locations. The Company’s parts distribution division operates in the independent aftermarket sector of the United Kingdom motor retail market and operates through three operating companies, including FPS, APec Braking and BTN Turbo. FPS is a warehouse distributor of automotive parts. Apec Braking is a provider of dry’ braking (LON:LOOK). BTN Turbo is a distributor of turbochargers and supplier of related value added services.

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