Lithia Motors found using ticker (LAD) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 578 and 260 with a mean TP of 439.45. Given that the stocks previous close was at 285.66 this is indicating there is a potential upside of 53.8%. The 50 day MA is 290.67 and the 200 day moving average is 306.39. The market capitalisation for the company is $8,294m. Visit the company website at: https://www.lithiainvestorrelations.com
The potential market cap would be $12,759m 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.
