Shares of AutoCanada Inc. (TSE:ACQ - Get Free Report) have been assigned an average rating of "Hold" from the eleven research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$19.40.
Several brokerages have recently weighed in on ACQ. National Bankshares raised shares of AutoCanada from a "sector perform" rating to an "outperform" rating and increased their target price for the company from C$17.00 to C$21.00 in a research note on Thursday, November 14th. National Bank Financial upgraded shares of AutoCanada from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. Canaccord Genuity Group increased their target price on shares of AutoCanada from C$15.00 to C$17.00 and gave the stock a "hold" rating in a report on Tuesday. BMO Capital Markets lowered their price target on shares of AutoCanada from C$19.50 to C$19.00 in a report on Thursday, November 14th. Finally, CIBC raised their price target on shares of AutoCanada from C$16.00 to C$17.00 in a report on Monday, February 10th.
Check Out Our Latest Stock Report on AutoCanada
AutoCanada Price Performance
Shares of TSE:ACQ traded up C$1.22 during midday trading on Friday, reaching C$16.77. 15,106 shares of the company were exchanged, compared to its average volume of 19,245. AutoCanada has a one year low of C$13.75 and a one year high of C$27.44. The company has a current ratio of 1.03, a quick ratio of 0.25 and a debt-to-equity ratio of 451.54. The business's fifty day moving average is C$18.23 and its two-hundred day moving average is C$16.95. The stock has a market cap of C$390.26 million, a PE ratio of -7.74, a price-to-earnings-growth ratio of 0.30 and a beta of 2.54.
About AutoCanada
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Get Free ReportAutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.
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