Barrington Believes LKQ (LKQ) Still Has Room to Grow
In a report released today, Gary Prestopino from Barrington maintained a Buy rating on LKQ (LKQ), with a price target of $40.00. The company’s shares closed last Tuesday at $33.73, close to its 52-week high of $36.63.
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 9.3% and a 48.5% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for LKQ with a $41.33 average price target, a 22.9% upside from current levels. In a report issued on October 30, Truist Financial also maintained a Buy rating on the stock with a $40.00 price target.
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The company has a one-year high of $36.63 and a one-year low of $13.31. Currently, LKQ has an average volume of 2.63M.
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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. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL.