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Penske Automotive Group Inc has a consensus price target of $150.71 based on the ratings of 7 analysts. The high is $196 issued by Benchmark on October 26, 2023. The low is $115 issued by Morgan Stanley on February 29, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., JP Morgan, and JP Morgan on September 12, 2024, September 10, 2024, and August 6, 2024, respectively. With an average price target of $153.67 between Stephens & Co., JP Morgan, and JP Morgan, there's an implied -3.04% downside for Penske Automotive Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Penske Automotive Group (NYSE:PAG) was reported by Stephens & Co. on September 12, 2024. The analyst firm set a price target for $161.00 expecting PAG to rise to within 12 months (a possible 1.58% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Penske Automotive Group (NYSE:PAG) was provided by Stephens & Co., and Penske Automotive Group initiated their equal-weight rating.
There is no last upgrade for Penske Automotive Group
The last downgrade for Penske Automotive Group Inc happened on July 31, 2023 when JP Morgan changed their price target from $150 to $140 for Penske Automotive Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Penske Automotive Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Penske Automotive Group was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Penske Automotive Group (PAG) rating was a initiated with a price target of $0.00 to $161.00. The current price Penske Automotive Group (PAG) is trading at is $158.49, which is within the analyst’s predicted range.
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