Group 1 Automotive (GPI) Coveraged By Guggenheim; Hammerson plc (LON:HMSO) Had 12 Analysts Last Week

April 17, 2018 - By Nellie Frank

Hammerson plc (LON:HMSO) Logo

Guggenheim has begun coverage on shares of Group 1 Automotive (NYSE:GPI) in a note revealed on 17 April. The financial firm issued Neutral rating on GPI stock.

Among 22 analysts covering Hammerson (LON:HMSO), 12 have Buy rating, 2 Sell and 8 Hold. Therefore 55% are positive. Hammerson had 217 analyst reports since July 24, 2015 according to SRatingsIntel. JP Morgan maintained Hammerson plc (LON:HMSO) rating on Wednesday, July 5. JP Morgan has “Overweight” rating and GBX 725 target. BNP Paribas maintained it with “Neutral” rating and GBX 530 target in Friday, July 8 report. BNP Paribas maintained Hammerson plc (LON:HMSO) on Thursday, May 5 with “Neutral” rating. BNP Paribas maintained the stock with “Neutral” rating in Thursday, September 1 report. The firm earned “Outperform” rating on Monday, July 27 by BNP Paribas. JP Morgan maintained the stock with “Overweight” rating in Wednesday, May 31 report. Liberum Capital maintained the stock with “Hold” rating in Monday, February 26 report. The company was maintained on Monday, July 11 by BNP Paribas. The rating was maintained by Peel Hunt with “Hold” on Friday, August 19. Numis Securities maintained Hammerson plc (LON:HMSO) rating on Friday, January 22. Numis Securities has “Hold” rating and GBX 632 target. See Hammerson plc (LON:HMSO) latest ratings:

13/04/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 525.00 New Target: GBX 525.00 Maintain
13/04/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 610.00 New Target: GBX 610.00 Maintain
11/04/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 610.00 New Target: GBX 610.00 Maintain
11/04/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 525.00 New Target: GBX 525.00 Maintain
05/04/2018 Broker: Numis Securities Rating: Hold Old Target: GBX 559.00 New Target: GBX 559.00 Maintain
05/04/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 795.00 Maintain
22/03/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 525.00 New Target: GBX 525.00 Maintain
20/03/2018 Broker: Credit Suisse Rating: Neutral Old Target: GBX 460.00 New Target: GBX 550.00 Maintain
19/03/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 525.00 New Target: GBX 525.00 Maintain
19/03/2018 Broker: Numis Securities Rating: Hold Old Target: GBX 518.00 New Target: GBX 518.00 Maintain

Among 14 analysts covering Group 1 Automotive (NYSE:GPI), 2 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive. Group 1 Automotive has $108 highest and $62 lowest target. $80.67’s average target is 25.89% above currents $64.08 stock price. Group 1 Automotive had 26 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wells Fargo given on Monday, October 30. The firm earned “Sector Weight” rating on Friday, February 12 by KeyBanc Capital Markets. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Underweight” rating given on Wednesday, March 14 by Morgan Stanley. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Buy” rating by Buckingham Research on Friday, January 5. On Monday, April 16 the stock rating was maintained by Stephens with “Hold”. Stephens maintained Group 1 Automotive, Inc. (NYSE:GPI) rating on Friday, February 9. Stephens has “Hold” rating and $98.0 target. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, August 31. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, November 13. The company was initiated on Monday, April 16 by Guggenheim. Susquehanna initiated the shares of GPI in report on Thursday, February 2 with “Neutral” rating.

Since October 27, 2017, it had 0 buys, and 9 sales for $15.65 million activity. The insider Rickel John C sold 20,000 shares worth $1.60 million. 10,000 shares were sold by Burman Darryl M, worth $797,441. On Monday, October 30 the insider Kenningham Daryl sold $527,143. $2.28 million worth of Group 1 Automotive, Inc. (NYSE:GPI) was sold by HESTERBERG EARL J on Tuesday, January 16. STRANGE J TERRY had sold 5,000 shares worth $401,362.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.22, from 0.99 in 2017Q3. It increased, as 22 investors sold Group 1 Automotive, Inc. shares while 56 reduced holdings. 44 funds opened positions while 50 raised stakes. 20.23 million shares or 0.17% less from 20.26 million shares in 2017Q3 were reported. Gemmer Asset Management Ltd Co invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). The Pennsylvania-based Alphaone Investment Serv Limited Liability Com has invested 0.02% in Group 1 Automotive, Inc. (NYSE:GPI). Eminence Ltd Partnership reported 2.03% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). Quantbot Tech Lp reported 0.03% stake. Dimensional Fund Limited Partnership reported 1.79 million shares stake. Moreover, Principal Financial Grp Incorporated has 0.01% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 157,388 shares. Schwab Charles Investment Management Inc invested in 123,249 shares or 0.01% of the stock. Gsa Cap Prtnrs Limited Liability Partnership stated it has 18,334 shares or 0.08% of all its holdings. The Massachusetts-based Numeric Investors Lc has invested 0.01% in Group 1 Automotive, Inc. (NYSE:GPI). Martingale Asset Mngmt Limited Partnership accumulated 6,902 shares or 0.01% of the stock. Smithfield Trust Company accumulated 0% or 25 shares. First Interstate Financial Bank owns 730 shares. Cornerstone Cap Management Ltd Liability owns 3,500 shares. Menta Ltd Limited Liability Company owns 0.11% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 7,760 shares. Aperio Group Inc Limited Liability invested in 0% or 7,559 shares.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on April, 26 before the open. They expect $1.65 earnings per share, up 7.84% or $0.12 from last year’s $1.53 per share. GPI’s profit will be $33.32 million for 9.71 P/E if the $1.65 EPS becomes a reality. After $2.11 actual earnings per share reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts -21.80% negative EPS growth.

The stock increased 0.73% or $0.46 during the last trading session, reaching $64.08. About 83,887 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has declined 13.27% since April 17, 2017 and is downtrending. It has underperformed by 24.82% the S&P500.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.29 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 6.36 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

Group 1 Automotive, Inc. (NYSE:GPI) Institutional Positions Chart

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By1 Nellie Frank

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