AutoNation with ticker code (AN) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 225 and 107 and has a mean target at 157.86. Given that the stocks previous close was at 115.18 this now indicates there is a potential upside of 37.1%. The day 50 moving average is 116.82 and the 200 moving average now moves to 115.13. The market cap for the company is $6,637m. Find out more information at: https://www.autonation.com
The potential market cap would be $9,097m 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.
