AutoCanada (ACQ) Receives a Hold from CIBC


AutoCanada (ACQ) has received a rating update from a Wall Street analyst today. Analyst Matt Bank from CIBC remains neutral on the stock and has a C$12.50 price target.

According to TipRanks.com, Bank is ranked #4863 out of 5262 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AutoCanada with a C$15.67 average price target.

AutoCanada’s market cap is currently C$315M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.69.

AutoCanada, Inc. engages in the operation of franchised automobile dealerships. It operates through the Canada and U.S. geographical segment. The firm offers a range of automotive products and services, including new and used vehicles, vehicle maintenance, and collision repair services, extended service contracts, and vehicle protection products.

The company’s shares closed on Tuesday at C$11.48.

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