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 335 and 200 with the average target price sitting at 271.67. Given that the stocks previous close was at 168.13 this would indicate that there is a potential upside of 61.6%. There is a 50 day moving average of 184.69 and the 200 moving average now moves to 176.69. The market capitalisation for the company is $3,043m. Company Website: https://www.group1auto.com
The potential market cap would be $4,916m 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.
