B. Riley Reiterates “Buy” Rating for Cars.com (CARS)
Cars.com (NYSE:CARS)‘s stock had its “buy” rating reissued by analysts at B. Riley in a note issued to investors on Tuesday. They currently have a $32.00 price target on the stock. B. Riley’s price target would indicate a potential upside of 7.56% from the company’s current price.
Other analysts have also issued research reports about the company. Barrington Research raised their price target on Cars.com from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, November 6th. Zacks Investment Research lowered Cars.com from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th.
Shares of Cars.com (NYSE:CARS) opened at $29.75 on Tuesday. Cars.com has a 52 week low of $19.90 and a 52 week high of $30.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.43 and a quick ratio of 1.43.
Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.
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