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Stock impact report

Group 1 Automotive (GPI) Exhibits Disciplined Cost Controls [Yahoo! Finance]

Group 1 Automotive, Inc. (GPI) 
Last group 1 automotive, inc. earnings: 2/5 07:07 am Check Earnings Report
US:NYSE Investor Relations: group1corp.com
Company Research Source: Yahoo! Finance
price target on Group 1 Automotive Inc. (NYSE:GPI) to $400 from $460. The firm maintained an Overweight rating on the stock, following the company's mixed fourth-quarter results. Morgan Stanley remains selective in the auto dealers' space, favouring strong operators that can maintain earnings stability in an uncertain market environment. The firm highlights that despite cost headwinds in the U.K. and new vehicle sales declines, the Group 1 management team has been consistent in maintaining its gross profit per unit, while after-sales continue to be a source of earnings support. On February 20, Group 1 Automotive Inc. (NYSE:GPI) was upgraded from a Neutral rating to an Overweight by JPMorgan. Price target for the stock was maintained at $370, resulting in a double-digit upside potential of over 13%. The firm highlighted the company's “best-in-class execution” as a key differentiator, justifying a more constructive outlook. Group 1 Automotive (GPI) Exhibits Disciplined Cost Contro Show less Read more
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