AutoNation (NYSE:AN) Price Target Raised to $195.00

AutoNation (NYSE:AN) had its price target upped by Stephens from $192.00 to $195.00 in a report released on Monday,Benzinga reports. The firm currently has an equal weight rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company boosted their price objective on AutoNation from $169.00 to $170.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 15th. Bank of America reduced their price target on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Guggenheim lowered their price objective on shares of AutoNation from $190.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. reduced their target price on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, AutoNation has an average rating of “Moderate Buy” and a consensus target price of $195.57.

AutoNation Stock Down 0.1 %

AutoNation stock opened at $187.71 on Monday. The company has a market capitalization of $7.44 billion, a P/E ratio of 10.83, a PEG ratio of 3.50 and a beta of 1.26. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.20 and a current ratio of 0.80. AutoNation has a fifty-two week low of $136.35 and a fifty-two week high of $197.18. The stock has a 50-day simple moving average of $176.44 and a 200-day simple moving average of $172.25.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its holdings in AutoNation by 581.8% in the fourth quarter. Fortitude Family Office LLC now owns 150 shares of the company’s stock valued at $25,000 after acquiring an additional 128 shares during the period. Global X Japan Co. Ltd. increased its holdings in shares of AutoNation by 150.8% in the 4th quarter. Global X Japan Co. Ltd. now owns 158 shares of the company’s stock valued at $27,000 after purchasing an additional 95 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in shares of AutoNation by 403.6% in the third quarter. Venturi Wealth Management LLC now owns 282 shares of the company’s stock valued at $50,000 after purchasing an additional 226 shares during the period. GAMMA Investing LLC lifted its stake in shares of AutoNation by 54.0% in the third quarter. GAMMA Investing LLC now owns 311 shares of the company’s stock valued at $56,000 after purchasing an additional 109 shares during the period. Finally, Quarry LP grew its position in AutoNation by 498.5% during the second quarter. Quarry LP now owns 407 shares of the company’s stock worth $65,000 after buying an additional 339 shares during the period. 94.62% of the stock is owned by hedge funds and other institutional investors.

AutoNation Company Profile

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.