AutoCanada Inc. (TSE:ACQ) has received a consensus recommendation of “Buy” from the seven ratings firms that are covering the company. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$24.17.
A number of brokerages have recently weighed in on ACQ. Scotiabank reiterated a “sector perform” rating and set a C$23.00 price target on shares of AutoCanada in a report on Wednesday, September 21st. CIBC lifted their price target on AutoCanada from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Monday, August 8th. Finally, GMP Securities initiated coverage on AutoCanada in a research report on Tuesday, June 28th. They set a “buy” rating for the company.
Shares of AutoCanada (TSE:ACQ) opened at 24.24 on Friday. AutoCanada has a 52 week low of $16.06 and a 52 week high of $37.13. The firm has a market cap of $662.89 million and a price-to-earnings ratio of 24.86. The firm’s 50-day moving average price is $22.54 and its 200-day moving average price is $21.53.
AutoCanada Company Profile
AutoCanada Inc (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products.
Receive News & Ratings for AutoCanada Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoCanada Inc. and related companies with MarketBeat.com's FREE daily email newsletter.