Jefferies analyst Bret Jordan reiterated a Hold rating on AutoNation (AN) today and set a price target of $41. The company’s shares closed on Friday at $37.23.
According to TipRanks.com, Jordan is a 4-star analyst with an average return of 8.1% and a 61.5% success rate. Jordan covers the Services sector, focusing on stocks such as Ituran Location And Control Ltd, Kar Auction Services Inc, and Genuine Parts Company.
Currently, the analyst consensus on AutoNation is a Hold with an average price target of $37.67, representing a 1.2% upside. In a report issued on February 13, Seaport Global also initiated coverage with a Hold rating on the stock.
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The company has a one-year high of $52.68 and a one-year low of $32.87. Currently, AutoNation has an average volume of 723.6K.
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AutoNation, Inc. engages in the provision of automotive products and services. It operates through the following segments: Domestic, Import, Premium Luxury, and Corporate and Other. The Domestic segment comprises retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Chrysler.
