Motorpoint Group PLC (LON:MOTR)‘s stock had its “buy” rating reaffirmed by investment analysts at Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 250 ($3.10) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 87.13% from the stock’s previous close.
Motorpoint Group PLC (LON:MOTR) opened at 129.50 on Tuesday. The company’s 50-day moving average price is GBX 143.57 and its 200 day moving average price is GBX 192.00. Motorpoint Group PLC has a 12 month low of GBX 119.69 and a 12 month high of GBX 245.50. The company’s market capitalization is GBX 129.50 million.
In other news, insider Mary McNamara purchased 35,000 shares of Motorpoint Group PLC stock in a transaction dated Friday, October 21st. The stock was purchased at an average cost of GBX 140 ($1.74) per share, for a total transaction of £49,000 ($60,786.50). Also, insider David Shelton purchased 520,000 shares of Motorpoint Group PLC stock in a transaction dated Thursday, October 20th. The shares were purchased at an average price of GBX 138 ($1.71) per share, with a total value of £717,600 ($890,212.13).