JPMorgan analyst Rajat Gupta raised the firm’s price target on Group 1 Automotive to $230 from $220 and keeps an Overweight rating on the shares. The company is showing "best-in-class" execution and the U.K. is proving to be resilient, the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GPI:
- Group 1 Automotive Board Approves Increase to 2023 Dividend Rate and Declares Quarterly Dividend
- Group 1 Automotive announces increase in 2023 dividend rate
- Group 1 Automotive management to meet virtually with Benchmark
- Group 1 Automotive price target raised to $290 from $275 at Stephens
- Group 1 Automotive reports Q4 EPS $10.75, consensus $10.66