Seaport Global analyst Glenn Chin maintained a Buy rating on Group 1 Automotive (GPI – Research Report) today and set a price target of $300.00. The company’s shares closed yesterday at $299.71.
According to TipRanks, Chin is a 4-star analyst with an average return of 8.0% and a 62.79% success rate. Chin covers the Consumer Cyclical sector, focusing on stocks such as CarMax, Group 1 Automotive, and Lithia Motors.
Group 1 Automotive has an analyst consensus of Strong Buy, with a price target consensus of $297.50.
GPI market cap is currently $3.78B and has a P/E ratio of 6.54.
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Group 1 Automotive (GPI) Company Description:
Group 1 Automotive, Inc. engages in the automotive retailing industry. It operates through the following geographical segments: U.S, the UK, and Brazil. It also sells new and used cars and light trucks, arranges related vehicle financing, sells service contracts, provides automotive maintenance and repair services, and sells vehicle parts. The company was founded in 1995 and is headquartered in Houston, TX.
Read More on GPI:
- Group 1 Automotive reports Q1 EPS $10.80, consensus $9.38
- Group 1 Automotive Reports First Quarter 2024 Financial Results
- GPI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Amazon, Apple initiated: Wall Street’s top analyst calls
- Guggenheim upgrades ‘best positioned dealer’ Group 1 Automotive to Buy
