BCA Marketplace (LON:BCA) Earns “Buy” Rating from Numis Securities

BCA Marketplace (LON:BCA)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities in a report issued on Friday, March 23rd. They currently have a GBX 250 ($3.58) price objective on the stock. Numis Securities’ price objective indicates a potential upside of 42.53% from the stock’s current price.

A number of other brokerages have also issued reports on BCA. N+1 Singer reissued a “buy” rating and set a GBX 275 ($3.94) target price on shares of BCA Marketplace in a research note on Tuesday, November 28th. JPMorgan Chase lifted their target price on shares of BCA Marketplace from GBX 250 ($3.58) to GBX 260 ($3.72) and gave the company an “overweight” rating in a research note on Wednesday, November 29th.

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Shares of LON:BCA traded up GBX 0.20 ($0.00) during trading on Friday, reaching GBX 175.40 ($2.51). 1,018,053 shares of the company traded hands, compared to its average volume of 2,430,000. BCA Marketplace has a 1-year low of GBX 151 ($2.16) and a 1-year high of GBX 230 ($3.29).



In other BCA Marketplace news, insider Avril Palmer-Baunack purchased 17,144 shares of the business’s stock in a transaction dated Friday, March 23rd. The shares were acquired at an average price of GBX 152 ($2.18) per share, for a total transaction of £26,058.88 ($37,312.26). Insiders have bought a total of 42,451 shares of company stock worth $6,597,026 in the last 90 days.

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BCA Marketplace Company Profile

BCA Marketplace plc, formerly Haversham Holdings plc, owns and operates the United Kingdom and Europe’s used-vehicle marketplace. The Company provides vehicle buying services, We Buy Any Car. Its segments include Vehicle Remarketing, Vehicle Buying and Other. The Company operates through three divisions: UK Vehicle Remarketing, International Vehicle Remarketing and Vehicle Buying.

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