LKQ Corporation – Consensus Indicates Potential 13.6% Upside

Broker Ratings
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LKQ Corporation with ticker code (LKQ) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 70 and 55 with the average target price sitting at 65.22. Given that the stocks previous close was at 57.41 this would imply there is a potential upside of 13.6%. The 50 day MA is 54.56 and the 200 day MA is 51.97. The market capitalisation for the company is $15,389m. Company Website: https://www.lkqcorp.com

The potential market cap would be $17,483m based on the market concensus.

LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; salvage productsluding mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical productsluding spark plugs and batteries. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. It serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. The company operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ Corporation was incorporated in 1998 and is headquartered in Chicago, Illinois.

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