Sonic Automotive
(NYSE:SAH)
$56.19
0[0.00%]
At close: Mar 27
$56.19
0[0.00%]
PreMarket: 4:00PM EDT
Consensus Rating1
Buy
Highest Price Target1
$71.00
Lowest Price Target1
$40.00
Consensus Price Target1
$49.22

Sonic Automotive Stock (NYSE:SAH), Analyst Ratings, Price Targets, Predictions

Sonic Automotive Inc has a consensus price target of $49.22, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Morgan Stanley, and Benchmark on February 29, 2024, February 29, 2024, and October 31, 2023. With an average price target of $52.33 between B of A Securities, Morgan Stanley, and Benchmark, there's an implied -6.86% downside for Sonic Automotive Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
1
1
Feb
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
Morgan Stanley
Benchmark
JP Morgan
Stephens & Co.

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Sonic Automotive

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Buy Now
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Current price
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Get Alert
02/29/2024SAHBuy Now
Sonic Automotive
$56.19-2.12%B of A Securities
John Murphy
$60 → $55MaintainsUnderperformGet Alert
02/29/2024SAHBuy Now
Sonic Automotive
$56.19-28.81%Morgan Stanley
Adam Jonas
$35 → $40MaintainsUnderweightGet Alert
10/31/2023SAHBuy Now
Sonic Automotive
$56.1910.34%Benchmark
Michael Ward
$58 → $62MaintainsBuyGet Alert
10/31/2023SAHBuy Now
Sonic Automotive
$56.19-11.02%JP Morgan
Rajat Gupta
→ $50DowngradeNeutral → UnderweightGet Alert
10/12/2023SAHBuy Now
Sonic Automotive
$56.19-7.46%JP Morgan
Rajat Gupta
$50 → $52MaintainsNeutralGet Alert
08/01/2023SAHBuy Now
Sonic Automotive
$56.193.22%Benchmark
Michael Ward
$71 → $58MaintainsBuyGet Alert
07/31/2023SAHBuy Now
Sonic Automotive
$56.19-11.02%JP Morgan
Rajat Gupta
$55 → $50MaintainsNeutralGet Alert
06/23/2023SAHBuy Now
Sonic Automotive
$56.19-2.12%Stephens & Co.
Daniel Imbro
→ $30ReiteratesOverweight → OverweightGet Alert
06/23/2023SAHBuy Now
Sonic Automotive
$56.19-7.46%JP Morgan
Rajat Gupta
$50 → $52MaintainsNeutralGet Alert
05/01/2023SAHBuy Now
Sonic Automotive
$56.193.22%Benchmark
Michael Ward
$71 → $58MaintainsBuyGet Alert
02/28/2023SAHBuy Now
Sonic Automotive
$56.19-37.71%Morgan Stanley
Adam Jonas
$33 → $35MaintainsUnderweightGet Alert
02/21/2023SAHBuy Now
Sonic Automotive
$56.1926.36%Benchmark
Michael Lapides
$62 → $71MaintainsBuyGet Alert
02/21/2023SAHBuy Now
Sonic Automotive
$56.19-2.12%JP Morgan—$60 → $55DowngradeOverweight → NeutralGet Alert
01/17/2023SAHBuy Now
Sonic Automotive
$56.19-41.27%Morgan Stanley
Adam Jonas
$35 → $33MaintainsUnderweightGet Alert
10/31/2022SAHBuy Now
Sonic Automotive
$56.1910.34%Benchmark
Michael Ward
$71 → $62MaintainsBuyGet Alert
10/06/2022SAHBuy Now
Sonic Automotive
$56.196.78%JP Morgan
Rajat Gupta
→ $60UpgradeNeutral → OverweightGet Alert
09/09/2022SAHBuy Now
Sonic Automotive
$56.19—B of A Securities
John Murphy
—DowngradeBuy → UnderperformGet Alert
09/01/2022SAHBuy Now
Sonic Automotive
$56.19-37.71%Morgan Stanley
Adam Jonas
$33 → $35MaintainsUnderweightGet Alert
08/01/2022SAHBuy Now
Sonic Automotive
$56.1926.36%Benchmark
Michael Ward
$85 → $71MaintainsBuyGet Alert

FAQ

Q

What is the target price for Sonic Automotive (SAH)?

A

The latest price target for Sonic Automotive (NYSE: SAH) was reported by B of A Securities on February 29, 2024. The analyst firm set a price target for $55.00 expecting SAH to fall to within 12 months (a possible -2.12% downside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sonic Automotive (SAH)?

A

The latest analyst rating for Sonic Automotive (NYSE: SAH) was provided by B of A Securities, and Sonic Automotive maintained their underperform rating.

Q

When was the last upgrade for Sonic Automotive (SAH)?

A

The last upgrade for Sonic Automotive Inc happened on October 6, 2022 when JP Morgan raised their price target to $60. JP Morgan previously had a neutral for Sonic Automotive Inc.

Q

When was the last downgrade for Sonic Automotive (SAH)?

A

The last downgrade for Sonic Automotive Inc happened on October 31, 2023 when JP Morgan changed their price target from N/A to $50 for Sonic Automotive Inc.

Q

When is the next analyst rating going to be posted or updated for Sonic Automotive (SAH)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sonic Automotive, 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 Sonic Automotive was filed on February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.

Q

Is the Analyst Rating Sonic Automotive (SAH) correct?

A

While ratings are subjective and will change, the latest Sonic Automotive (SAH) rating was a maintained with a price target of $60.00 to $55.00. The current price Sonic Automotive (SAH) is trading at is $56.19, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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