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J.P. Morgan Sticks to Their Hold Rating for Group 1 Automotive (GPI)

Tipranks - Tipranks - Sat Jan 17, 4:48AM CST

In a report released today, Rajat Gupta CFA from J.P. Morgan maintained a Hold rating on Group 1 Automotive, with a price target of $410.00.

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According to TipRanks, Gupta CFA is a 5-star analyst with an average return of 15.3% and a 58.42% success rate. Gupta CFA covers the Consumer Cyclical sector, focusing on stocks such as CarMax, Carvana Co, and Asbury.

In a report released yesterday, TipRanks – Google also reiterated a Hold rating on the stock with a $409.00 price target.

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Based on Group 1 Automotive’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.78 billion and a net profit of $12.9 million. In comparison, last year the company earned a revenue of $5.22 billion and had a net profit of $117.3 million

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