Penske Automotive Group, Inc. which can be found using ticker (PAG) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 180 and 88 with the average target price sitting at $144.50. Now with the previous closing price of $135.88 and the analysts are correct then we can expect a percentage increase in value of 6.3%. Also worth taking note is the 50 day moving average now sits at $140.36 and the 200 day moving average is $121.73. The market capitalization for the company is $9,543m. Find out more information at: https://www.penskeautomotive.com
The potential market cap would be $10,148m based on the market consensus.
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships in the United States and internationally. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
The company has a dividend yield of 1.8% with the ex dividend date set at 9-2-2023 (DMY).
