Bank of America Securities analyst John Murphy has maintained their bullish stance on GPI stock, giving a Buy rating on April 22.
John Murphy has given his Buy rating due to a combination of factors including Group 1 Automotive’s strong financial performance in the first quarter of 2025. The company reported adjusted earnings per share that exceeded both Bank of America’s and market consensus estimates, driven by robust topline growth and effective operational execution. The rationalization of the UK business following the Inchcape acquisition and ongoing operational excellence were significant contributors to these results.
Additionally, Group 1 Automotive demonstrated solid performance in both new and used vehicle sales, with new vehicle volumes benefiting from a surge in March sales. The company’s efficient capital allocation strategies, such as buybacks and acquisitions, along with strong same-store performance, further supported the positive outlook. The Parts & Service and Finance & Insurance segments also posted solid growth and margins, reinforcing the company’s overall financial health. These factors collectively underpin John Murphy’s Buy rating for Group 1 Automotive.
In another report released on April 22, Guggenheim also maintained a Buy rating on the stock with a $426.00 price target.