Motorpoint Group PLC 21.1% potential upside indicated by Liberum Capital

Motorpoint Group PLC with ticker (LON:MOTR) now has a potential upside of 21.1% according to Liberum Capital.



Liberum Capital set a target price of 450 GBX for the company, which when compared to the Motorpoint Group PLC share price of 355 GBX at opening today (25/11/2021) indicates a potential upside of 21.1%. Trading has ranged between 248 (52 week low) and 401 (52 week high) with an average of 18,763 shares exchanging hands daily. The market capitalisation at the time of writing is £321,499,866.

Motorpoint Group plc is an independent vehicle retailer in the United Kingdom. The Company’s principal business is the sale of vehicles, of which are approximately two years old and which have covered over 15,000 miles. The Company sells vehicles from brands representing vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW. The Company operates from over 10 retail sites across the United Kingdom. The Company has a national contact-center dealing with online enquiries. In addition to sales of vehicles, the Company operates Auction4Cars.com, a business to business online auction platform for vehicles. The Company also offers ancillary products to customers, including customer finance packages, vehicle guarantees, insurance products and vehicle protection treatments.