Goldman Sachs Downgrades Group 1 Automotive (GPI) to Neutral On Valuation
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Price: $263.95 +0.36%
Rating Summary:
13 Buy, 13 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
13 Buy, 13 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Group 1 Automotive Inc. (NYSE: GPI) from Buy to Neutral with a price target of $53 (down from $56), citing valuation.
The firm said with shares up 115% since being added to their Buy list on July 16, 2010 the growth outlook seems largely priced in.
For an analyst ratings summary and ratings history on Group 1 Automotive Inc. click here. For more ratings news on Group 1 Automotive Inc. click here.
Shares of Group 1 Automotive Inc. closed at $51.80 yesterday.
The firm said with shares up 115% since being added to their Buy list on July 16, 2010 the growth outlook seems largely priced in.
For an analyst ratings summary and ratings history on Group 1 Automotive Inc. click here. For more ratings news on Group 1 Automotive Inc. click here.
Shares of Group 1 Automotive Inc. closed at $51.80 yesterday.
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