AutoNation found using ticker (AN) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 210 and 96 with the average target price sitting at 145.67. With the stocks previous close at 117.5 this would imply there is a potential upside of 24.0%. The day 50 moving average is 114.36 while the 200 day moving average is 114.19. The market capitalisation for the company is $10,695m. You can visit the company’s website by visiting: https://www.autonation.com
The potential market cap would be $13,259m based on the market concensus.
AutoNation, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products, as well as arranges finance for vehicle purchases through third-party finance sources. As of December 31, 2021, it owned and operated 339 new vehicle franchises from 247 stores located primarily in metropolitan markets in the Sunbelt region. The company also owned and operated 57 AutoNation-branded collision centers, 9 AutoNation USA used vehicle stores, 4 AutoNation-branded automotive auction operations, and 3 parts distribution centers. AutoNation was founded in 1991 and is headquartered in Fort Lauderdale, Florida.
