Shares of AutoCanada Inc. (TSE:ACQ) have been given a consensus rating of “Buy” by the seven brokerages that are covering the company. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$24.17.

Several equities analysts recently weighed in on ACQ shares. Scotiabank restated a “sector perform” rating and issued a C$23.00 price objective on shares of AutoCanada in a report on Wednesday, September 21st. CIBC increased their target price on shares of AutoCanada from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a report on Monday, August 8th. Finally, GMP Securities assumed coverage on shares of AutoCanada in a report on Tuesday, June 28th. They issued a “buy” rating on the stock.

Shares of AutoCanada (TSE:ACQ) opened at 24.48 on Friday. The company has a 50-day moving average of $22.61 and a 200-day moving average of $21.68. AutoCanada has a one year low of $16.06 and a one year high of $37.13. The company has a market capitalization of $669.45 million and a PE ratio of 25.11.

About AutoCanada

AutoCanada Inc (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products.

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