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Sonic Automotive

SAHNYSE
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$56.50
-0.03-0.05%
At Close: -
$56.50
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
The dividend Ex-Date was 5 days ago
Consensus Rating1
Buy
Highest Price Target1
$75.00
Lowest Price Target1
$40.00
Consensus Price Target1
$62.44

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

Sonic Automotive Inc has a consensus price target of $62.44 based on the ratings of 10 analysts. The high is $75 issued by JP Morgan on September 10, 2024. The low is $40 issued by Morgan Stanley on February 29, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., JP Morgan, and Needham on September 12, 2024, September 10, 2024, and August 20, 2024, respectively. With an average price target of $70.67 between Stephens & Co., JP Morgan, and Needham, there's an implied 25.07% upside for Sonic Automotive Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
0
0
0
0
Jul
1
Aug
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings

Analyst Ratings for Sonic Automotive

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Sonic Automotive (NYSE:SAH) was reported by Stephens & Co. on September 12, 2024. The analyst firm set a price target for $64.00 expecting SAH to rise to within 12 months (a possible 13.27% upside). 13 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 Stephens & Co., and Sonic Automotive initiated their equal-weight rating.

Q

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

A

The last upgrade for Sonic Automotive Inc happened on August 6, 2024 when JP Morgan raised their price target to $63. 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 September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 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 initiated with a price target of $0.00 to $64.00. The current price Sonic Automotive (SAH) is trading at is $56.50, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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