Ratings Don’t Lie: 92.68% to Target, Numis Reaffirms Buy Rating for Motorpoint Group Plc (LON:MOTR) Stock

November 29, 2016 - By Ellis Scott

Motorpoint Group Plc (LON:MOTR) Rating

In analysts report published on Tuesday morning, Motorpoint Group Plc (LON:MOTR) stock Buy was reiterated by Analysts at Numis. They currently have a GBX 250.00 target price on the stock. Numis’s target price gives a potential upside of 92.68% from the company’s previous stock close.

About 221,742 shares traded hands. Motorpoint Group PLC (LON:MOTR) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

Motorpoint Group plc is an independent vehicle retailer. The company has a market cap of 128.88 million GBP. The Company’s primary business is the sale of vehicles, of which are approximately two years old and which have covered approximately 15,000 miles. It currently has negative earnings. The Firm sells vehicles from brands representing vehicle sales in the United Kingdom, with models, such as Ford, Vauxhall, Volkswagen, Hyundai and Audi.

Another recent and important Motorpoint Group PLC (LON:MOTR) news was published by Marketwatch.com which published an article titled: “Motorpoint Group PLC” on November 16, 2016.

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