Cars com Inc (CARS) Gets a Buy Rating from Barrington


Barrington analyst Gary Prestopino maintained a Buy rating on Cars com Inc (NYSE: CARS) today. The company’s shares closed on Friday at $28.13.

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 12.0% and a 62.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.

Currently, the analyst consensus on Cars com Inc is a Strong Buy with an average price target of $35.50.

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The company has a one-year high of $32.94 and a one-year low of $20.94. Currently, Cars com Inc has an average volume of 1.15M.

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Cars.com, Inc. engages in the provision of automotive products and services through online automotive classifieds. It offers a digital automotive marketplace search engine which connects buyers and sellers. It also sells online subscription advertising products to car dealerships.

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