How Analysts Feel About Penske Automotive Group, Inc. (NYSE:PAG)?

Penske Automotive Group, Inc. (NYSE:PAG) Logo
Investors sentiment decreased to 1.01 in 2019 Q1. Its down 0.08, from 1.09 in 2018Q4. It dropped, as 26 investors sold Penske Automotive Group, Inc. shares while 74 reduced holdings. 33 funds opened positions while 68 raised stakes. 35.39 million shares or 1.58% less from 35.96 million shares in 2018Q4 were reported.
Keybank National Association Oh accumulated 0.01% or 34,325 shares. Natl Bank Of Montreal Can invested in 1,145 shares. Opus Capital Gp Limited Liability Company owns 21,764 shares. 13,312 are owned by United Services Automobile Association. Ftb Advsr invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). Us Natl Bank De holds 0% or 2,906 shares in its portfolio. Bnp Paribas Arbitrage reported 852 shares. Philadelphia Management Of San Francisco Limited Liability Company holds 1.8% or 240,047 shares in its portfolio. Bluemountain Capital Mngmt Limited Liability invested in 161 shares. Fifth Third Commercial Bank has 548 shares. California Employees Retirement Systems holds 87,638 shares or 0% of its portfolio. Fincl Bank Of Ny Mellon owns 511,408 shares. Voya Mgmt Ltd reported 41,935 shares stake. Charles Schwab Inv Mgmt has 262,964 shares. Moreover, Morgan Stanley has 0.01% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 680,961 shares.

Penske Automotive Group, Inc. (NYSE:PAG) Ratings Coverage

Among 4 analysts covering Penske Automotive Group (NYSE:PAG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Penske Automotive Group had 7 analyst reports since February 13, 2019 according to SRatingsIntel. J.P. Morgan maintained the shares of PAG in report on Friday, June 21 with “Hold” rating. Morgan Stanley maintained Penske Automotive Group, Inc. (NYSE:PAG) rating on Tuesday, April 16. Morgan Stanley has “Overweight” rating and $56 target. Below is a list of Penske Automotive Group, Inc. (NYSE:PAG) latest ratings and price target changes.

21/06/2019 Broker: J.P. Morgan Rating: Hold New Target: $50 Maintain
16/04/2019 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $62 New Target: $56 Maintain
11/04/2019 Broker: BidaskScore Rating: Buy Upgrade
28/03/2019 Broker: BidaskScore Rating: Hold Upgrade
13/03/2019 Broker: BidaskScore Rating: Sell Downgrade
19/02/2019 Broker: JP Morgan Rating: Neutral New Target: $51 Initiates Coverage On
13/02/2019 Broker: Seaport Global Rating: Buy New Target: $61 Initiates Coverage On

The stock decreased 1.48% or $0.69 during the last trading session, reaching $45.89. About 393,923 shares traded or 16.61% up from the average. Penske Automotive Group, Inc. (NYSE:PAG) has declined 5.60% since July 14, 2018 and is downtrending. It has underperformed by 10.03% the S&P500.

Penske Automotive Group, Inc. operates as a transportation services company. The company has market cap of $3.84 billion. The firm operates through Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments divisions. It has a 8.41 P/E ratio. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand.

More notable recent Penske Automotive Group, Inc. (NYSE:PAG) news were published by: Bloomberg.com which released: “NYSE’s Biggest IPO Since Snap Is $2.3 Billion for Brazil Fintech – Bloomberg” on January 24, 2018, also Seekingalpha.com with their article: “Comparing PagSeguro With StoneCo And Square – Seeking Alpha” published on February 13, 2019, Fool.com published: “Penske Automotive Group Inc. Grows Despite New-Vehicle Sales Challenges – The Motley Fool” on October 29, 2018. More interesting news about Penske Automotive Group, Inc. (NYSE:PAG) were released by: Finance.Yahoo.com and their article: “Did Hedge Funds Drop The Ball On Emcor Group Inc (EME) ? – Yahoo Finance” published on April 26, 2019 as well as Investorplace.com‘s news article titled: “Why Tesla’s Shift to an Online Sales Model Is Positive for Tesla Stock – Investorplace.com” with publication date: March 12, 2019.

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Positions Chart

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