Group 1 Automotive Receives a Hold from Stephens

By Jason Carr

Stephens analyst Rick Nelson reiterated a Hold rating on Group 1 Automotive (NYSE: GPI) today and set a price target of $88. The company’s shares opened today at $62.26.

According to TipRanks.com, Nelson is a 4-star analyst with an average return of 14.6% and a 58.0% success rate. Nelson covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Camping World Holdings, and Dick’s Sporting Goods.

Group 1 Automotive has an analyst consensus of Hold, with a price target consensus of $88.

Group 1 Automotive’s market cap is currently $1.28B and has a P/E ratio of 6.17. The company has a book value ratio of 1.1424.

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Group 1 Automotive, Inc. owns and operates automobile dealerships, franchises and collision service centers. It sells new and used cars, light trucks and vehicle parts; provides insurance contracts services; offers automotive maintenance and repair services; and also provides vehicle financing services.