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.
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