Lithia Motors with ticker code (LAD) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 578 and 220 with a mean TP of 430.36. With the stocks previous close at 277.88 this now indicates there is a potential upside of 54.9%. The 50 day moving average now sits at 276.27 and the 200 day moving average is 296.59. The market cap for the company is $7,430m. Company Website: https://www.lithiainvestorrelations.com
The potential market cap would be $11,507m 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.
