Gary Prestopino, analyst at Barrington, reiterates coverage on Kar Auction Services Inc (KAR) in the Consumer sector with a Buy rating. TipRanks.com has Prestopino rated as a 5 star analyst with a 45% return on investment and a 61% success rate. Prestopino has set a price target of $25.00 .
TipRanks.com reports that KAR currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $25.00 . The target pricing ranges from a high forecast of $28.00 down to a low forecast of $22.00 .
KAR’s last closing price was $15.94 which would put the average price target at 56.84% upside.
In addition, TradingView issued a Sell rating for KAR over the next month.
Remember, securities are volatile, so please do your own research on KAR.
Other analysts covering KAR include:
- Craig Kenninson of Robert W Baird issued a buy rate with the price target of $22 on September 20th
- John Murphy of Bank of America Securities issued a buy rate with the price target of $28 on September 15th
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