AutoNation, Inc. (NYSE:AN) Receives $195.14 Consensus Target Price from Analysts

Shares of AutoNation, Inc. (NYSE:AN) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $195.57.

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of AutoNation from $190.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Stephens boosted their price target on shares of AutoNation from $192.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Monday. Bank of America lowered their price target on shares of AutoNation from $220.00 to $215.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Guggenheim lowered their price target 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, Wells Fargo & Company boosted their price target on shares of AutoNation from $169.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 15th.

Hedge Funds Weigh In On AutoNation

Several institutional investors and hedge funds have recently bought and sold shares of AN. Wealth Enhancement Advisory Services LLC raised its stake in shares of AutoNation by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,845 shares of the company’s stock valued at $509,000 after acquiring an additional 62 shares during the period. OLD National Bancorp IN raised its stake in shares of AutoNation by 2.2% in the 3rd quarter. OLD National Bancorp IN now owns 3,100 shares of the company’s stock valued at $555,000 after acquiring an additional 68 shares during the period. Strengthening Families & Communities LLC raised its stake in shares of AutoNation by 2.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 3,472 shares of the company’s stock valued at $590,000 after acquiring an additional 69 shares during the period. Sei Investments Co. raised its stake in shares of AutoNation by 0.5% in the 2nd quarter. Sei Investments Co. now owns 15,130 shares of the company’s stock valued at $2,413,000 after acquiring an additional 72 shares during the period. Finally, Davis Capital Management increased its stake in AutoNation by 0.8% during the 4th quarter. Davis Capital Management now owns 9,703 shares of the company’s stock worth $1,648,000 after buying an additional 79 shares during the period. 94.62% of the stock is currently owned by institutional investors and hedge funds.

AutoNation Stock Performance

AN opened at $187.71 on Monday. The firm has a market capitalization of $7.44 billion, a PE ratio of 10.83, a PEG ratio of 3.50 and a beta of 1.26. AutoNation has a twelve month low of $136.35 and a twelve month high of $197.18. The firm’s 50-day moving average price is $176.44 and its 200 day moving average price is $172.25. The company has a current ratio of 0.80, a quick ratio of 0.20 and a debt-to-equity ratio of 1.58.

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.