Lookers (LON:LOOK) - Should meet City targets
Jan 22nd 2013 - Edison Investment Research today published a report on Lookers (LOOK.L, LSE:LOOK, LON:LOOK) entitled "Should Meet City Targets". In summary, the report says:
The share prices of the automotive dealership groups have stabilised after performing strongly during autumn 2012, after it became clear that UK automotive volumes were holding up well in the face of the challenging consumer climate. Lookers offers a unique quality to earnings through its investment in parts distribution. It is firmly on course to meet City expectations in its March results announcement and has a clear and effective strategy into the future.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
