Group 1 Automotive Inc. (NYSE:GPI) is one of the Top 10 Retail Stocks with Huge Upside Potential. On February 28, Morgan Stanley lowered its price target on Group 1 Automotive Inc. (NYSE:GPI) to $400 from $460. The firm maintained an Overweight rating on the stock, following the company’s mixed fourth-quarter results.
Morgan Stanley remains selective in the auto dealership space, favoring strong operators that can maintain earnings stability in an uncertain market environment. The firm highlights that despite cost headwinds in the UK and falling new vehicle sales, Group 1’s management team has been consistent in maintaining its gross profit per unit, while after-sales service remains a source of profit support.
On February 20, JPMorgan upgraded Group 1 Automotive Inc. (NYSE:GPI) from Neutral to Overweight. The stock’s price target remained at $370, resulting in a double-digit upside potential of over 13%. The firm highlighted the company’s “best-in-class execution” as a key differentiator, justifying a more constructive outlook.
Copyright: sonyae / 123RF Stock Photo
Group 1 Automotive Inc. (NYSE:GPI) is an automotive retailer that sells new and used cars and light trucks. The company operates a digital platform and an extensive dealer network comprising more than 250 dealerships and more than 30 collision centers. It also offers insurance contracts, spare parts and vehicle financing services.
While we recognize GPI’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: The 40 most popular stocks among hedge funds by 2026 and The 12 Best Beaten Tech Stocks to Buy According to Wall Street Analysts.
Disclosure: None. Follow Insider Monkey on Google News.