Analyst Price Target is $118.80
▲ +14.65% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Penske Automotive Group in the last 3 months. The average price target is $118.80, with a high forecast of $141.00 and a low forecast of $90.00. The average price target represents a 14.65% upside from the last price of $103.62.
Current Consensus is
The current consensus among 5 polled investment analysts is to buy stock in Penske Automotive Group. This rating has held steady since June 2021, when it changed from a Hold consensus rating.
Penske Automotive Group, Inc. operates as an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment is comprised of commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.