Group 1 Automotive with ticker code (GPI) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 375 and 142 and has a mean target at 273. Given that the stocks previous close was at 184.99 this indicates there is a potential upside of 47.6%. The day 50 moving average is 174.93 and the 200 moving average now moves to 181.57. The market capitalisation for the company is $3,096m. Find out more information at: https://www.group1auto.com
The potential market cap would be $4,569m 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 July 11, 2022, the company owned and operated 204 automotive dealerships, 273 franchises, and 47 collision centers that offer 35 brands of automobiles. Group 1 Automotive was incorporated in 1995 and is based in Houston, Texas.
