Pendragon (LON:PDG) “Buy” Rating Reiterated Today By Jefferies; The TP Given is GBX 55

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Pendragon (LON:PDG) Rating Reaffirmed

London: In recent note distributed to Clients on 18 December, Jefferies reconfirmed their “Buy” rating on Pendragon (LON:PDG) shares. They now have a GBX 55 price target on the firm. Jefferies’s target would indicate a potential upside of 20.22% from the company’s close price.

From a total of 4 analysts covering Pendragon PLC (LON:PDG) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 55 while the lowest target price is GBX 46. The mean of all analyst targets is GBX 50.75 with a 10.93% above today’s (GBX 45.75) stock price. Pendragon PLC was the topic of 20 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 30 with “Buy” rating. Berenberg maintained PDG stock in a recent report from October 21 with “Buy” rating.

It is down 20.39% since May 21, 2015 and is uptrending. It has outperformed by 24.20% the S&P500.

Pendragon (LON:PDG)

Pendragon PLC is an automotive retailer. The company has a market cap of 668.13 million GBP. The Firm is engaged in the retailing of used and new vehicles and in the service and repair of vehicles. It has 8.03 P/E ratio.

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