JPMorgan raised the firm’s price target on Group 1 Automotive (GPI) to $385 from $370 and keeps an Overweight rating on the shares. The firm adjusted targets in the franchise auto dealers group as part of a Q1 preview. JPMorgan continues to see an attractive risk/reward for the sector, but says stock re-ratings will be pushed into late Q2 as underlying EBITDA growth becomes visible.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPI:
- Group 1 Automotive price target lowered to $390 from $430 at BofA
- Group 1 Automotive Sets Date for Q1 2026 Results
- Group 1 Automotive price target lowered to $420 from $490 at Citi
- Group 1 Automotive price target lowered to $455 from $470 at Barclays
- Group 1 Automotive upgraded to Buy at Benchmark on valuation