Lithia Motors with ticker code (LAD) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 470 and 200 with the average target price sitting at 312.33. Now with the previous closing price of 210.6 this now indicates there is a potential upside of 48.3%. The day 50 moving average is 220.4 while the 200 day moving average is 275.56. The market capitalisation for the company is $5,731m. You can visit the company’s website by visiting: https://www.lithiainvestorrelations.com
The potential market cap would be $8,499m 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.
