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.
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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.
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