Group 1 Automotive with ticker code (GPI) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 315 and 187 with a mean TP of 272.4. Given that the stocks previous close was at 164.42 this is indicating there is a potential upside of 65.7%. The 50 day moving average now sits at 177.85 while the 200 day moving average is 180.92. The company has a market cap of $2,924m. You can visit the company’s website by visiting: https://www.group1auto.com
The potential market cap would be $4,844m 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 February 18, 2022, the company owned and operated 200 automotive dealerships, 266 franchises, and 45 collision centers that offer 34 brands of automobiles. Group 1 Automotive was incorporated in 1995 and is based in Houston, Texas.
