Group 1 Automotive, Inc. (NYSE:GPI) is one of the best transportation stocks to buy according to Wall Street analysts. On February 20, Group 1 Automotive, Inc. (NYSE:GPI) was upgraded to Overweight from Neutral by JPMorgan, with the firm keeping the price target the same at $370 and telling investors that it believes the company’s estimates “are now closer to reset.” It added that the stock’s de-rating has been more severe than warranted given Group 1’s “best-in-class execution”.

In a separate development, Group 1 Automotive, Inc. (NYSE:GPI) announced on February 11 that its board of directors approved an increase in the 2026 annual dividend rate to $2.20 per share, representing an increase of 10%, or $0.20, from the 2025 annual dividend rate of $2.00 per share.  Management stated that consistent with this increase, a $0.55 dividend per share will be payable on March 16, 2026, to stockholders of record as of March 2, 2026. The same day as this update, JPMorgan maintained a Hold rating on Group 1 Automotive, Inc. (NYSE:GPI) with a price target of $370.

Group 1 Automotive, Inc. (NYSE:GPI) operates in the automotive retailing industry and sells used and new cars and light trucks. It also sells vehicle parts, provides automotive maintenance and repair services, and sells service contracts. The company’s operations are divided into the United States and the United Kingdom geographical segments.

While we acknowledge the potential of GPI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.