$153.45
0[0.00%]
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Penske Automotive Group
(NYSE:PAG)Penske Automotive Group Stock (NYSE:PAG), Analyst Ratings, Price Targets, Predictions
Penske Automotive Group Inc has a consensus price target of $138.86, established from looking at the 23 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Morgan Stanley, and JP Morgan on April 10, 2024, February 29, 2024, and October 31, 2023. With an average price target of $145 between B of A Securities, Morgan Stanley, and JP Morgan, there's an implied -5.51% downside for Penske Automotive Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Morgan Stanley
JP Morgan
Benchmark
Stephens & Co.
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Penske Automotive Group
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/10/2024 | PAG | Buy Now | Penske Automotive Group | $153.45 | 17.3% | B of A Securities | John Murphy | $175 → $180 | Maintains | Buy | Get Alert |
| 02/29/2024 | PAG | Buy Now | Penske Automotive Group | $153.45 | -25.06% | Morgan Stanley | Adam Jonas | $107 → $115 | Maintains | Underweight | Get Alert |
| 10/31/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -8.77% | JP Morgan | Rajat Gupta | $145 → $140 | Maintains | Underweight | Get Alert |
| 10/26/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | 27.73% | Benchmark | Michael Ward | → $196 | Reiterates | Buy → Buy | Get Alert |
| 10/12/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -5.51% | JP Morgan | Rajat Gupta | $140 → $145 | Maintains | Underweight | Get Alert |
| 10/09/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | 27.73% | Benchmark | Michael Ward | → $196 | Reiterates | Buy → Buy | Get Alert |
| 08/09/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -30.27% | Morgan Stanley | Adam Jonas | $88 → $107 | Maintains | Underweight | Get Alert |
| 07/31/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -8.77% | JP Morgan | Rajat Gupta | $150 → $140 | Downgrade | Neutral → Underweight | Get Alert |
| 07/28/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | 27.73% | Benchmark | Michael Ward | $175 → $196 | Maintains | Buy | Get Alert |
| 02/21/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -12.02% | JP Morgan | Rajat Gupta | $130 → $135 | Maintains | Neutral | Get Alert |
| 01/17/2023 | PAG | Buy Now | Penske Automotive Group | $153.45 | -42.65% | Morgan Stanley | Adam Jonas | $93 → $88 | Maintains | Underweight | Get Alert |
| 10/06/2022 | PAG | Buy Now | Penske Automotive Group | $153.45 | -28.32% | JP Morgan | Rajat Gupta | $125 → $110 | Maintains | Neutral | Get Alert |
| 09/09/2022 | PAG | Buy Now | Penske Automotive Group | $153.45 | 18.61% | B of A Securities | John Murphy | $185 → $182 | Maintains | Buy | Get Alert |
| 07/14/2022 | PAG | Buy Now | Penske Automotive Group | $153.45 | -39.39% | Morgan Stanley | Adam Jonas | $95 → $93 | Maintains | Underweight | Get Alert |
| 04/07/2022 | PAG | Buy Now | Penske Automotive Group | $153.45 | -31.57% | JP Morgan | Rajat Gupta | $120 → $105 | Maintains | Neutral | Get Alert |
| 03/08/2022 | PAG | Buy Now | Penske Automotive Group | $153.45 | -38.09% | Morgan Stanley | Adam Jonas | $90 → $95 | Maintains | Underweight | Get Alert |
| 11/17/2021 | PAG | Buy Now | Penske Automotive Group | $153.45 | -41.35% | Morgan Stanley | Adam Jonas | — | Downgrade | Equal-Weight → Underweight | Get Alert |
| 10/28/2021 | PAG | Buy Now | Penske Automotive Group | $153.45 | -19.84% | Stephens & Co. | Rick Nelson | — | Maintains | Overweight | Get Alert |
| 10/07/2021 | PAG | Buy Now | Penske Automotive Group | $153.45 | -21.8% | Truist Securities | Stephanie Benjamin | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for Penske Automotive Group (PAG)?
The latest price target for Penske Automotive Group (NYSE: PAG) was reported by B of A Securities on April 10, 2024. The analyst firm set a price target for $180.00 expecting PAG to rise to within 12 months (a possible 17.30% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Penske Automotive Group (PAG)?
The latest analyst rating for Penske Automotive Group (NYSE: PAG) was provided by B of A Securities, and Penske Automotive Group maintained their buy rating.
When was the last upgrade for Penske Automotive Group (PAG)?
There is no last upgrade for Penske Automotive Group.
When was the last downgrade for Penske Automotive Group (PAG)?
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.
When is the next analyst rating going to be posted or updated for Penske Automotive Group (PAG)?
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 April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.
Is the Analyst Rating Penske Automotive Group (PAG) correct?
While ratings are subjective and will change, the latest Penske Automotive Group (PAG) rating was a maintained with a price target of $175.00 to $180.00. The current price Penske Automotive Group (PAG) is trading at is $153.45, which is out of the analyst’s predicted range.
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