AutoCanada Inc. (OTCMKTS:AOCIF) Given Consensus Recommendation of “Buy” by Analysts

AutoCanada Inc. (OTCMKTS:AOCIFGet Rating) has been assigned an average recommendation of “Buy” from the seven research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $56.00.

Several research analysts recently issued reports on the company. National Bank Financial lowered AutoCanada from an “outperform” rating to a “sector perform” rating in a research report on Friday. CIBC lifted their price objective on AutoCanada from C$46.00 to C$46.50 in a research report on Monday, April 25th. Canaccord Genuity Group lowered their price objective on AutoCanada from C$60.00 to C$55.00 in a research report on Monday, May 2nd. Finally, Scotiabank lifted their price objective on AutoCanada from C$48.00 to C$50.00 in a research report on Friday.

Shares of OTCMKTS:AOCIF opened at $22.49 on Friday. AutoCanada has a 12-month low of $21.66 and a 12-month high of $47.00. The business has a fifty day simple moving average of $25.17 and a 200 day simple moving average of $28.30.

AutoCanada Company Profile (Get Rating)

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships. 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, extended service contracts, and vehicle protection and other after-market products.

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Analyst Recommendations for AutoCanada (OTCMKTS:AOCIF)

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