Group 1 Automotive with ticker code (GPI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 358 and 142 and has a mean target at 268.75. Now with the previous closing price of 161.5 this is indicating there is a potential upside of 66.4%. The day 50 moving average is 175.52 and the 200 day moving average is 178.81. The company has a market capitalisation of $2,457m. Visit the company website at: https://www.group1auto.com
The potential market cap would be $4,088m 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.
