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Group 1 Automotive (GPI) Gets a Buy from Barclays

Tipranks - Tipranks - Wed Apr 8, 3:30AM CDT

In a report released today, John Babcock from Barclays maintained a Buy rating on Group 1 Automotive, with a price target of $455.00.

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Babcock covers the Consumer Cyclical sector, focusing on stocks such as OPENLANE, CarMax, and Lithia Motors. According to TipRanks, Babcock has an average return of 10.1% and a 45.92% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Group 1 Automotive with a $430.00 average price target.

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Based on Group 1 Automotive’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.58 billion and a net profit of $43.1 million. In comparison, last year the company earned a revenue of $5.55 billion and had a net profit of $94.8 million

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