Navigating 4 Analyst Ratings For Penske Automotive Group
Portfolio Pulse from Benzinga Insights
Penske Automotive Group (NYSE:PAG) has received mixed analyst ratings over the past three months, with a recent average price target of $160.25, reflecting a 6.83% increase. Analysts have varied in their ratings from 'Buy' to 'Underweight', with price targets ranging from $140 to $180. The company shows strong financial performance with positive revenue growth, high net margin, and effective debt management.
September 12, 2024 | 5:01 pm
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POSITIVE IMPACT
Penske Automotive Group has received a mix of analyst ratings, with a recent average price target increase to $160.25. Analysts' views range from 'Buy' to 'Underweight', indicating varied expectations. The company's strong financial performance, including revenue growth and effective debt management, supports its market position.
The increase in the average price target and the strong financial performance of Penske Automotive Group suggest a positive short-term impact on its stock price. The mixed analyst ratings, with a majority leaning towards positive adjustments, further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100