Lithia Motors (LAD) JP Morgan Downgrades to “Neutral” from “Overweight”

Analyst Ratings Coverage

J.P. Morgan Chase & Co. (Rank #5) issued a research report on Lithia Motors on Tuesday October 31st, and downgraded the stock to “Neutral” from “Overweight”.  The analyst also cut the 12 month target on the stock to $295 from $395 per share.

LAD Ratings by Stock Target Advisor

LAD Stock Analysis

The stock forecast for Lithia Motors Inc, based on the analysis of 7 different analysts, provides valuable insights into the future expectations for the company’s stock. Here are the key points from the analysis:

  1. Average Target Price: The consensus among the analysts is that the average target price for Lithia Motors Inc’s stock over the next 12 months is USD 336.36. This suggests that, on average, analysts anticipate the stock to increase in value over the coming year.
  2. Analyst Rating: The average analyst rating for Lithia Motors Inc is “Buy.” This means that, collectively, analysts are optimistic about the stock’s performance and believe it is a good investment.
  3. Stock Target Advisor’s Analysis: Stock Target Advisor has its own stock analysis of Lithia Motors Inc, and it rates the stock as “Neutral.” This rating is based on a balanced assessment of 6 positive signals and 6 negative signals. It’s worth noting that Stock Target Advisor’s analysis may have a different perspective compared to the average analyst rating.
  4. Current Stock Price: As of the last closing, Lithia Motors Inc’s stock was valued at USD 242.49. This is the price at which the stock was trading in the market at that time.
  5. Price Performance: The stock has shown varying performance over different time frames. Over the past week, it has decreased by -3.96%, indicating a short-term decline. Over the past month, it has decreased by -17.89%, suggesting some recent challenges. However, over the last year, the stock has seen a significant increase of +19.09%, signifying long-term growth for the company’s valuation prospects.

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