AutoNation with ticker code (AN) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 225 and 107 calculating the mean target price we have 157.86. Now with the previous closing price of 109.76 this indicates there is a potential upside of 43.8%. The 50 day MA is 111.99 and the 200 day moving average is 114.61. The company has a market capitalisation of $6,322m. Company Website: https://www.autonation.com
The potential market cap would be $9,092m 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.
