Group 1 Automotive Inc. (NYSE:GPI) traded today at a new 52-week high of $198.06. This new high was reached on below average trading volume as 54,000 shares traded hands, while the average 30-day volume is approximately 145,000 shares.
Group 1 owns and operates 48 collision centers and 188 automotive dealerships across 242 franchises in the U.S., U.K., and Brazil offering 32 brands of automobiles altogether. U.S. locations are mostly in metropolitan areas in 15 states in the Northeast, Southeast, Midwest, and in California. Revenue in 2020 totaled $10.9 billion. The company was founded in 1995 and is based in Houston. The company is scheduled to buy 30 stores in New England from Prime, which was about the 20th largest U.S. auto dealer group and these 30 stores had $1.8 billion of 2020 revenue.
Based on a current price of $193.84, Group 1 Automotive Inc. is currently 48.0% above its average consensus analyst price target of $100.75.
In the past 52 weeks, Group 1 Automotive Inc. share prices are bracketed by a low of $82.35 and a high of $198.06 and is now at $193.84, 135% above that low price.
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