AutoCanada Inc. (ACQ) Price Target Raised to C$22.00 at Canaccord Genuity

AutoCanada Inc. (TSE:ACQ) had its price objective raised by Canaccord Genuity from C$21.00 to C$22.00 in a report issued on Monday morning. Canaccord Genuity currently has a hold rating on the stock.

Several other research firms also recently weighed in on ACQ. CIBC upgraded shares of AutoCanada from a neutral rating to a sector outperform rating and raised their target price for the company from C$22.00 to C$29.00 in a report on Monday. Scotiabank raised their target price on shares of AutoCanada from C$22.00 to C$23.00 and gave the company a sector perform rating in a report on Monday, August 14th. Finally, Royal Bank Of Canada raised their target price on shares of AutoCanada from C$22.00 to C$25.00 and gave the company a sector perform rating in a report on Monday, August 14th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. AutoCanada currently has a consensus rating of Hold and an average target price of C$25.00.

AutoCanada (ACQ) traded up C$0.68 during trading hours on Monday, reaching C$24.88. 226,259 shares of the company’s stock traded hands, compared to its average volume of 94,851. AutoCanada has a 52-week low of C$17.46 and a 52-week high of C$27.90.

ILLEGAL ACTIVITY NOTICE: This report was posted by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://transcriptdaily.com/2017/11/14/autocanada-inc-acq-price-target-raised-to-c22-00-at-canaccord-genuity.html.

AutoCanada Company Profile

AutoCanada Inc (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products.

Analyst Recommendations for AutoCanada (TSE:ACQ)

Receive News & Ratings for AutoCanada Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoCanada Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply