Stephens assumed coverage on shares of Copart (NASDAQ: CPRT) in a report issued on Friday. The firm issued an equal weight rating on the stock.
Shares of Copart traded up 0.04% during mid-day trading on Friday, hitting $34.325. Copart has a one year low of $22.59 and a one year high of $37.47. The stock’s 50-day moving average is currently $33.84. The company has a market cap of $4.283 billion and a P/E ratio of 23.81.
CPRT has been the subject of a number of other recent research reports. Analysts at Robert W. Baird downgraded shares of Copart from an outperform rating to a neutral rating in a research note to investors on Monday, February 4th. They now have a $36.00 price target on the stock, up previously from $33.00. They noted that the move was a valuation call. Separately, analysts at BB&T upgraded shares of Copart from a hold rating to a buy rating in a research note to investors on Friday, February 1st. Finally, analysts at BB&T downgraded shares of Copart from a buy rating to a hold rating in a research note to investors on Friday, February 1st.
One research analyst has rated the stock with a buy rating, six have assigned a hold rating, one has given an underweight rating, and one has given a sell rating to the company’s stock. Copart currently has a consensus rating of hold and an average price target of $30.75.
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