Lithia Motors with ticker code (LAD) have now 11 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 542 and 300 calculating the average target price we see 448. Now with the previous closing price of 308.78 this now indicates there is a potential upside of 45.1%. The day 50 moving average is 317.27 and the 200 moving average now moves to 321.22. The market cap for the company is $9,122m. Company Website: https://www.lithiainvestorrelations.com
The potential market cap would be $13,235m 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.
