Lithia Motors with ticker code (LAD) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 578 and 260 calculating the mean target price we have 439.45. Given that the stocks previous close was at 290.36 this would imply there is a potential upside of 51.3%. The 50 day moving average now sits at 290.85 while the 200 day moving average is 306.59. The company has a market cap of $8,265m. You can visit the company’s website by visiting: https://www.lithiainvestorrelations.com
The potential market cap would be $12,509m 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.
