Raymond James Maintains a Buy Rating on LKQ Corp (LKQ)
In a report released today, Sam Darkatsh from Raymond James maintained a Buy rating on LKQ Corp (NASDAQ: LKQ), with a price target of $35. The company’s shares closed yesterday at $29.73, close to its 52-week low of $29.60.
Darkatsh has an average return of 1.1% when recommending LKQ Corp.
According to TipRanks.com, Darkatsh is ranked #3656 out of 4909 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for LKQ Corp with a $43 average price target, which is a 44.6% upside from current levels. In a report issued on September 26, Jefferies also maintained a Buy rating on the stock with a $40 price target.
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LKQ Corp’s market cap is currently $9.45B and has a P/E ratio of 16.61. The company has a Price to Book ratio of 2.
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LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale-North America, Europe, and Specialty. The Wholesale-North America segment includes Glass and Self Service segments.