Analyst Activity – Scotiabank Reiterates Sector Perform on AutoCanada (TSE:ACQ)

ME Staff
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Analyst Ratings For AutoCanada (TSE:ACQ)

Today, Scotiabank reiterated its Sector Perform rating on AutoCanada (TSE:ACQ) with a price target of C$22.00.

There are 1 sell rating, 3 hold ratings, 1 buy rating on the stock.

The current consensus rating on AutoCanada (TSE:ACQ) is Hold (Score: 2.00) with a consensus target price of C$22.60 per share, a potential .

Some recent analyst ratings include

  • 3/10/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 2/2/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$26.00 price target on the stock, up previously from C$24.00 .
  • 11/7/2016-CIBC was Downgraded by analysts at CIBC from a “Sector Perform ” rating to a ” Underperform” rating. They now have a C$18.00 price target on the stock, up previously from C$24.00 .
  • 6/28/2016-GMP Securities initiated coverage with a Buy rating.
  • 2/8/2016-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.


    About AutoCanada (TSE:ACQ)
    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. The Company also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. The Company’s business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 50 dealerships, including over 60 franchises. It also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products.

    Recent Trading Activity for AutoCanada (TSE:ACQ)
    Shares of AutoCanada closed the previous trading session at 23.99 up +0.03 0.13% with 47,131 shares trading hands.