Analyst Price Target is $51.75
▲ +2.27% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Sonic Automotive in the last 3 months. The average price target is $51.75, with a high forecast of $62.00 and a low forecast of $35.00. The average price target represents a 2.27% upside from the last price of $50.60.
Current Consensus is
The current consensus among 3 contributing investment analysts is to reduce stock in Sonic Automotive. This Reduce consensus rating has held steady for over two years.
Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports Segment sells new and used powersports vehicles, such as motorcycles, and personal watercraft and all-terrain vehicles; and offers finance and insurance services. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.