Royal Bank Of Canada Increases AutoCanada Inc. (ACQ) Price Target to C$26.00

AutoCanada Inc. (TSE:ACQ) had its price objective upped by investment analysts at Royal Bank Of Canada from C$25.00 to C$26.00 in a research report issued on Monday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 4.46% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. CIBC upgraded shares of AutoCanada from a “neutral” rating to a “sector outperform” rating and upped their price objective for the stock from C$22.00 to C$29.00 in a research report on Monday. Canaccord Genuity upped their price objective on shares of AutoCanada from C$21.00 to C$22.00 and gave the stock a “hold” rating in a research report on Monday. Finally, Scotiabank upped their price objective on shares of AutoCanada from C$22.00 to C$23.00 and gave the stock a “sector perform” rating in a research report on Monday, August 14th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of C$25.00.

Shares of AutoCanada (ACQ) opened at C$24.89 on Monday. AutoCanada has a 12-month low of C$17.46 and a 12-month high of C$27.90.

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AutoCanada Company Profile

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.

Analyst Recommendations for AutoCanada (TSE:ACQ)

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