Group 1 Automotive with ticker code (GPI) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 363 and 200 and has a mean target at 270.5. Now with the previous closing price of 195.46 this would imply there is a potential upside of 38.4%. The 50 day moving average now sits at 180.38 and the 200 day moving average is 179.47. The market capitalisation for the company is $3,546m. Company Website: https://www.group1auto.com
The potential market cap would be $4,908m based on the market concensus.
Group 1 Automotive, through its subsidiaries, operates in the automotive retail industry. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. It operates primarily in the metropolitan areas in 15 states in the United States; 33 towns in the United Kingdom; and 3 states in Brazil. As of October 4, 2021, the company owned and operated 190 automotive dealerships, 247 franchises, and 48 collision centers that offer 33 brands of automobiles. Group 1 Automotive was incorporated in 1995 and is based in Houston, Texas.
