CarGurus Inc (NASDAQ:CARG) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For CarGurus Inc (NASDAQ:CARG)

Today, Citigroup initiated coverage on CarGurus Inc (NASDAQ:CARG) with a Buy.

There are 7 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on CarGurus Inc (NASDAQ:CARG) is Buy with a consensus target price of $52.3333 per share, a potential 39.89% upside.

Some recent analyst ratings include

  • 12/7/2018-CarGurus Inc (NASDAQ:CARG) has coverage initiated with a Buy rating
  • 11/19/2018-CarGurus Inc (NASDAQ:CARG) has coverage initiated with a Buy ➝ Buy rating and $49.00 price target
  • 11/13/2018-CarGurus Inc (NASDAQ:CARG) has coverage initiated with a Buy rating and $48.00 price target
  • 8/8/2018-CarGurus Inc (NASDAQ:CARG) gets upgraded to Outperform by JMP Securities with a price target of $55.00


  • On 12/4/2018 Langley Steinert, CEO, sold 117,406 with an average share price of $37.50 per share and the total transaction amounting to $4,402,725.00.
  • On 12/4/2018 Stephen Kaufer, Director, sold 60,000 with an average share price of $37.47 per share and the total transaction amounting to $2,248,200.00.
  • On 11/30/2018 Oliver Ian Chrzan, Insider, sold 6,000 with an average share price of $39.31 per share and the total transaction amounting to $235,860.00.
  • On 11/30/2018 Stephen Kaufer, Director, sold 60,000 with an average share price of $39.79 per share and the total transaction amounting to $2,387,400.00.
  • On 11/28/2018 Stephen Kaufer, Director, sold 90,000 with an average share price of $39.29 per share and the total transaction amounting to $3,536,100.00.
  • On 11/26/2018 Steven Conine, Director, bought 5,000 with an average share price of $38.27 per share and the total transaction amounting to $191,350.00.
  • On 11/23/2018 Kathleen Bender Patton, VP, sold 3,895 with an average share price of $38.42 per share and the total transaction amounting to $149,645.90.

About CarGurus Inc (NASDAQ:CARG)
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide. The company's marketplace enables users with third-party validation on pricing, dealer reputation, and other information. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings. The company was founded in 2005 and is headquartered in Cambridge, Massachusetts..

Recent Trading Activity for CarGurus Inc (NASDAQ:CARG)
Shares of CarGurus Inc closed the previous trading session at 37,41 up +1,35 3,74 % with 37.52 shares trading hands.