AutoCanada (TSE:ACQ – Free Report) had its target price lifted by CIBC from C$16.00 to C$17.00 in a report released on Monday morning,BayStreet.CA reports.
Other equities analysts also recently issued research reports about the company. BMO Capital Markets cut their price objective on AutoCanada from C$19.50 to C$19.00 in a research report on Thursday, November 14th. National Bankshares raised AutoCanada from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$17.00 to C$21.00 in a research note on Thursday, November 14th. Finally, National Bank Financial raised AutoCanada from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$19.67.
View Our Latest Research Report on ACQ
AutoCanada Trading Up 3.2 %
AutoCanada Company Profile
AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.
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