Group 1 Automotive, Inc. (GPI) Forms $76.54 Double Top; Last Week Barrick Gold (TSE:ABX) Coverage

February 15, 2018 - By Linda Rogers

Group 1 Automotive, Inc. (GPI) formed double top with $78.84 target or 3.00% above today’s $76.54 share price. Group 1 Automotive, Inc. (GPI) has $1.54 billion valuation. The stock increased 1.77% or $1.33 during the last trading session, reaching $76.54. About 201,293 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has risen 10.14% since February 15, 2017 and is uptrending. It has underperformed by 6.56% the S&P500.

Among 10 analysts covering Barrick Gold Corp. (TSE:ABX), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Barrick Gold Corp. had 40 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained Barrick Gold Corporation (TSE:ABX) rating on Friday, April 7. BMO Capital Markets has “Outperform” rating and $24 target. As per Friday, April 7, the company rating was maintained by TD Securities. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, June 23. As per Friday, September 2, the company rating was maintained by RBC Capital Markets. TD Securities maintained it with “Hold” rating and $18 target in Thursday, January 26 report. The company was upgraded on Friday, July 31 by Canaccord Genuity. The stock of Barrick Gold Corporation (TSE:ABX) has “Neutral” rating given on Thursday, February 4 by JP Morgan. The firm earned “Sector Perform” rating on Friday, July 24 by IBC. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, December 15 report. The company was maintained on Friday, July 22 by TD Securities. See Barrick Gold Corporation (TSE:ABX) latest ratings:

01/11/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Old Target: $21.00 New Target: $18.00 Downgrade
20/10/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $27.50 New Target: $25.00 Target Down
13/10/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $18.00 Maintain
29/09/2017 Broker: Canaccord Genuity Rating: Old Target: $30.00 New Target: $27.50 Target Down

Barrick Gold Corporation engages in the exploration and development of mineral properties in the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. The company has market cap of $19.99 billion. It primarily explores for gold, copper, and nickel deposits. It has a 9.22 P/E ratio. The companyÂ’s principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero.

The stock increased 3.00% or $0.5 during the last trading session, reaching $17.14. About 4.14 million shares traded or 44.74% up from the average. Barrick Gold Corporation (TSE:ABX) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Since September 21, 2017, it had 0 insider buys, and 10 selling transactions for $16.32 million activity. Rickel John C also sold $1.60 million worth of Group 1 Automotive, Inc. (NYSE:GPI) on Friday, October 27. HESTERBERG EARL J also sold $2.07 million worth of Group 1 Automotive, Inc. (NYSE:GPI) on Wednesday, January 3. Burman Darryl M also sold $797,441 worth of Group 1 Automotive, Inc. (NYSE:GPI) on Friday, October 27. On Tuesday, December 12 the insider STRANGE J TERRY sold $401,362. $527,143 worth of Group 1 Automotive, Inc. (NYSE:GPI) shares were sold by Kenningham Daryl.

Among 13 analysts covering Group 1 Automotive (NYSE:GPI), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Group 1 Automotive had 21 analyst reports since September 17, 2015 according to SRatingsIntel. Stephens maintained Group 1 Automotive, Inc. (NYSE:GPI) rating on Wednesday, October 28. Stephens has “Equal-Weight” rating and $108 target. The rating was maintained by Stephens with “Hold” on Friday, February 9. Wells Fargo maintained Group 1 Automotive, Inc. (NYSE:GPI) on Monday, October 30 with “Market Perform” rating. The firm has “Hold” rating given on Wednesday, March 9 by Evercore. KeyBanc Capital Markets downgraded Group 1 Automotive, Inc. (NYSE:GPI) on Friday, February 12 to “Sector Weight” rating. The rating was downgraded by Buckingham Research on Monday, November 13 to “Neutral”. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, April 13. The firm has “Sell” rating given on Tuesday, November 22 by Goldman Sachs. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Hold” rating given on Thursday, September 7 by Goldman Sachs. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Neutral” rating given on Thursday, February 2 by Susquehanna.

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By1 Linda Rogers

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