Lithia Motors with ticker code (LAD) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 578 and 220 calculating the mean target price we have 420.91. With the stocks previous close at 242.33 this would indicate that there is a potential upside of 73.7%. The day 50 moving average is 269.14 and the 200 day MA is 291.86. The company has a market capitalisation of $6,691m. Company Website: https://www.lithiainvestorrelations.com
The potential market cap would be $11,622m 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.
