Lithia Motors found using ticker (LAD) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 430 and 200 calculating the average target price we see 309. Given that the stocks previous close was at 220.23 this now indicates there is a potential upside of 40.3%. The 50 day MA is 216.01 and the 200 day MA is 266.15. The company has a market capitalisation of $6,139m. Company Website: https://www.lithiainvestorrelations.com
The potential market cap would be $8,614m based on the market concensus.
Lithia Motors operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Luxury. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells vehicle body and parts under the Driveway and GreenCars brand names. As of February 18, 2022, the company operated through 278 stores. It also offers its products online through 300 websites. Lithia Motors was founded in 1946 and is headquartered in Medford, Oregon.
