AutoNation (NYSE:AN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.3 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Jefferies initiates coverage on AutoNation (NYSE:AN). Jefferies has a Hold rating on the shares. The rating by the firm was issued on April 11, 2016.
AutoNation (NYSE:AN) shares are expected to touch $59.33 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 10.21. The target price could hit $77 on the higher end and $50 on the lower end.
AutoNation (NYSE:AN) witnessed a decline in the market cap on Tuesday as its shares dropped 2.98% or 1.47 points. After the session commenced at $48.99, the stock reached the higher end at $49.11 while it hit a low of $47.79. With the volume soaring to 1,350,598 shares, the last trade was called at $47.89. The company has a 52-week high of $66.63. The company has a market cap of $4,938 million and there are 103,103,606 shares in outstanding. The 52-week low of the share price is $40.45.
Shares of AutoNation, Inc. appreciated by 1.96% during the last five trading days but lost 0.5% on a 4-week basis. AutoNation, Inc. has dropped 1.72% during the last 3-month period . Year-to-Date the stock performance stands at -19.73%.
AutoNation, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, which includes vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments: The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW and Lexus.