AutoCanada Inc. (TSE:ACQ - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$19.19.
ACQ has been the topic of several research reports. ATB Capital raised their target price on AutoCanada from C$18.00 to C$18.50 and gave the company a "sector perform" rating in a research report on Thursday, March 27th. Canaccord Genuity Group lifted their price objective on AutoCanada from C$17.00 to C$22.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 20th. CIBC dropped their price objective on AutoCanada from C$17.00 to C$15.00 and set an "underperform" rating for the company in a research note on Thursday, March 20th. Finally, Acumen Capital upgraded shares of AutoCanada from a "hold" rating to a "speculative buy" rating and raised their price objective for the company from C$20.00 to C$22.50 in a report on Friday, March 21st.
View Our Latest Analysis on ACQ
AutoCanada Stock Up 3.1%
Shares of ACQ opened at C$19.32 on Friday. The firm has a market cap of C$449.61 million, a P/E ratio of -8.91, a PEG ratio of 0.30 and a beta of 2.54. The stock's 50 day moving average is C$16.22 and its two-hundred day moving average is C$17.25. AutoCanada has a 12 month low of C$13.75 and a 12 month high of C$22.37. The company has a current ratio of 1.03, a quick ratio of 0.25 and a debt-to-equity ratio of 451.54.
About AutoCanada
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Get Free ReportAutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.
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