Short Term Rating on AutoNation (AN)

AutoNation (AN) : 3 brokerage houses believe that AutoNation (AN) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on AutoNation (AN). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.3.

AutoNation (AN) : The highest level AutoNation (AN) is projected to reach is $70 for the short term and the lowest estimate is at $50. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $56.83 and the possibility the share price can swing is $7.19.

Company shares have received an average consensus rating of Hold for the current week

AutoNation

AutoNation (NYSE:AN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.19 and $50.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.89, notching a gain of 0.22% for the day. The total traded volume was 1,030,204 . The stock had closed at $50.78 on the previous day.

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.

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