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 calculating the average target price we see 430.36. Given that the stocks previous close was at 247.2 this would indicate that there is a potential upside of 74.1%. The day 50 moving average is 272.28 and the 200 moving average now moves to 292.91. The market capitalisation for the company is $6,999m. Find out more information at: https://www.lithiainvestorrelations.com
The potential market cap would be $12,185m 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.
