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Penske Automotive Group - PAG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $170.25
  • Forecasted Upside: 8.18%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$157.38 As of 12/20/2024 06:31 PM ET
▲ +0.38 (0.24%)

This chart shows the closing price for PAG by one month, three months, or twelve months.

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Analyst Price Target for PAG

Analyst Price Target is $170.25
▲ +8.18% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Penske Automotive Group in the last 3 months. The average price target is $170.25, with a high forecast of $180.00 and a low forecast of $160.00. The average price target represents a 8.18% upside from the last price of $157.38.

This chart shows the closing price for PAG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in Penske Automotive Group. This rating has held steady since March 2024, when it changed from a Reduce consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/12/2024BenchmarkInitiated CoverageBuy
9/25/2024Morgan StanleyUpgradeUnderweight ➝ Overweight$115.00 ➝ $180.00
9/12/2024StephensInitiated CoverageEqual Weight$161.00
9/10/2024JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$140.00 ➝ $160.00
8/6/2024JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$135.00 ➝ $140.00
7/22/2024Bank of AmericaBoost TargetBuy ➝ Buy$175.00 ➝ $180.00
4/10/2024Bank of AmericaBoost TargetBuy ➝ Buy$175.00 ➝ $180.00
2/29/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$107.00 ➝ $115.00
10/31/2023JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$145.00 ➝ $140.00
10/26/2023BenchmarkReiterated RatingBuy ➝ Buy$196.00
10/12/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$140.00 ➝ $145.00
10/9/2023BenchmarkReiterated RatingBuy ➝ Buy$196.00
8/9/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$88.00 ➝ $107.00
7/31/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$150.00 ➝ $140.00
7/28/2023BenchmarkBoost TargetBuy$175.00 ➝ $196.00
7/19/2023StephensDowngradeOverweight ➝ Equal Weight$156.00 ➝ $185.00
7/6/2023Bank of AmericaBoost Target$175.00 ➝ $205.00
2/21/2023JPMorgan Chase & Co.Boost TargetNeutral$130.00 ➝ $135.00
2/9/2023StephensBoost Target$140.00 ➝ $155.00
1/17/2023Morgan StanleyLower TargetUnderweight$93.00 ➝ $88.00
10/6/2022JPMorgan Chase & Co.Lower TargetNeutral$125.00 ➝ $110.00
9/9/2022Bank of AmericaLower TargetBuy$185.00 ➝ $182.00
7/14/2022Morgan StanleyLower TargetUnderweight$95.00 ➝ $93.00
4/7/2022JPMorgan Chase & Co.Lower TargetNeutral$120.00 ➝ $105.00
3/8/2022Morgan StanleyBoost TargetUnderweight$90.00 ➝ $95.00
11/17/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$90.00
10/28/2021StephensBoost TargetOverweight$108.00 ➝ $123.00
10/7/2021Truist FinancialBoost TargetBuy$100.00 ➝ $120.00
8/5/2021Morgan StanleyBoost TargetEqual Weight$94.00 ➝ $98.00
7/26/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$92.00 ➝ $94.00
7/16/2021Bank of AmericaBoost TargetBuy ➝ Buy$119.00 ➝ $141.00
5/7/2021Morgan StanleyBoost TargetOverweight$80.00 ➝ $92.00
2/25/2021Morgan StanleyBoost TargetOverweight$76.00 ➝ $80.00
2/11/2021StephensBoost Target$70.00 ➝ $78.00
1/15/2021Truist FinancialBoost Target$65.00 ➝ $75.00
12/7/2020Morgan StanleyBoost TargetOverweight$49.00 ➝ $76.00
11/17/2020Bank of AmericaBoost TargetBuy$70.00 ➝ $75.00
10/23/2020BenchmarkBoost TargetBuy$70.00 ➝ $84.00
10/15/2020Bank of AmericaBoost TargetBuy$67.00 ➝ $70.00
7/17/2020SunTrust BanksBoost TargetBuy$48.00 ➝ $55.00
7/17/2020Northcoast ResearchDowngradeBuy ➝ Neutral
7/10/2020Morgan StanleyBoost TargetOverweight$44.00 ➝ $46.00
7/8/2020JPMorgan Chase & Co.Boost TargetNeutral$39.00 ➝ $43.00
6/23/2020BenchmarkUpgradeHold ➝ Buy$53.00
6/10/2020SunTrust BanksBoost Target$42.00 ➝ $48.00
5/18/2020Morgan StanleyBoost TargetOverweight$39.00 ➝ $44.00
5/7/2020SunTrust BanksBoost TargetBuy$40.00 ➝ $42.00
4/27/2020Northcoast ResearchUpgradeNeutral ➝ Buy$43.00
4/13/2020Morgan StanleyLower TargetOverweight$40.00 ➝ $39.00
4/7/2020SunTrust BanksLower TargetBuy$60.00 ➝ $40.00
3/31/2020StephensLower TargetOverweight$60.00 ➝ $45.00
3/30/2020Morgan StanleyLower TargetOverweight$63.00 ➝ $40.00
3/11/2020JPMorgan Chase & Co.Lower TargetNeutral$57.00 ➝ $49.00
2/5/2020CfraBoost TargetHold$50.00 ➝ $53.00
1/22/2020Morgan StanleyBoost TargetOverweight$59.00 ➝ $60.00
1/9/2020BenchmarkInitiated CoverageHold
12/23/2019Northcoast ResearchDowngradeBuy ➝ Neutral
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.23 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 16 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 11 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 10 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 22 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 22 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Penske Automotive Group logo
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
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Today's Range

Now: $157.38
Low: $155.79
High: $159.79

50 Day Range

MA: $159.67
Low: $150.51
High: $170.38

52 Week Range

Now: $157.38
Low: $142.32
High: $179.72

Volume

390,982 shs

Average Volume

183,173 shs

Market Capitalization

$10.51 billion

P/E Ratio

12.06

Dividend Yield

2.94%

Beta

1.18

Frequently Asked Questions

What sell-side analysts currently cover shares of Penske Automotive Group?

The following Wall Street research analysts have issued research reports on Penske Automotive Group in the last twelve months: Bank of America Co., Benchmark Co., JPMorgan Chase & Co., Morgan Stanley, and Stephens.
View the latest analyst ratings for PAG.

What is the current price target for Penske Automotive Group?

0 Wall Street analysts have set twelve-month price targets for Penske Automotive Group in the last year. Their average twelve-month price target is $170.25, suggesting a possible upside of 8.2%. Morgan Stanley has the highest price target set, predicting PAG will reach $180.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $160.00 for Penske Automotive Group in the next year.
View the latest price targets for PAG.

What is the current consensus analyst rating for Penske Automotive Group?

Penske Automotive Group currently has 1 sell rating, 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PAG, but not buy more shares or sell existing shares.
View the latest ratings for PAG.

What other companies compete with Penske Automotive Group?

Other companies that are similar to Penske Automotive Group include CarMax, Lithia Motors, AutoNation, Group 1 Automotive and Asbury Automotive Group. Learn More about companies similar to Penske Automotive Group.

How do I contact Penske Automotive Group's investor relations team?

Penske Automotive Group's physical mailing address is 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302. The company's listed phone number is (248) 648-2500 and its investor relations email address is [email protected]. The official website for Penske Automotive Group is www.penskeautomotive.com. Learn More about contacing Penske Automotive Group investor relations.