Group 1 Automotive found using ticker (GPI) now have 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 with a mean TP of 268.75. Given that the stocks previous close was at 148.93 this now indicates there is a potential upside of 80.5%. There is a 50 day moving average of 171.43 and the 200 day moving average is 176.26. The company has a market capitalisation of $2,297m. Company Website: https://www.group1auto.com
The potential market cap would be $4,145m 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.
