Group 1 Automotive found using ticker (GPI) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 375 and 142 with a mean TP of 268.67. With the stocks previous close at 188.93 this is indicating there is a potential upside of 42.2%. The 50 day moving average now sits at 171.1 while the 200 day moving average is 175.01. The company has a market capitalisation of $2,799m. Visit the company website at: https://www.group1auto.com
The potential market cap would be $3,981m 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 17 states in the United States; and 35 towns in the United Kingdom. As of September 6, 2022, the company owned and operated 205 automotive dealerships, 275 franchises, and 48 collision centers that offer 35 brands of automobiles. Group 1 Automotive was incorporated in 1995 and is based in Houston, Texas.
