Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On KAR Auction Services, Inc (NYSE:KAR)


A number of investment brokers have recently updated their price targets on shares of KAR Auction Services, Inc (NYSE:KAR).

Most recent broker ratings

08/26/2016 – Macquarie began new coverage on KAR Auction Services, Inc giving the company a “outperform” rating.

08/26/2016 – Susquehanna began new coverage on KAR Auction Services, Inc giving the company a “positive” rating. They now have a USD 50 price target on the stock.

07/14/2016 – KAR Auction Services, Inc was downgraded to “neutral” by analysts at Northcoast Research.

05/20/2016 – KAR Auction Services, Inc had its “buy” rating reiterated by analysts at Sterne Agee. They now have a USD 45 price target on the stock.

05/05/2016 – KAR Auction Services, Inc had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 47 price target on the stock.

02/19/2016 – KAR Auction Services, Inc had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 43 price target on the stock.

02/12/2016 – KAR Auction Services, Inc had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 35 price target on the stock.

03/05/2015 – SunTrust began new coverage on KAR Auction Services, Inc giving the company a “buy” rating. They now have a USD 46 price target on the stock.

02/20/2015 – KAR Auction Services, Inc had its “buy” rating reiterated by analysts at BB&T Capital Markets. They now have a USD 43 price target on the stock.

01/16/2015 – KAR Auction Services, Inc was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 36 price target on the stock.

11/20/2014 – KAR Auction Services, Inc had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 40 price target on the stock.

09/08/2014 – KAR Auction Services, Inc was downgraded to “neutral” by analysts at Zacks. They now have a USD 33.3 price target on the stock.

05/12/2014 – KAR Auction Services, Inc was upgraded to “neutral” by analysts at Ned Davis Research.

05/07/2014 – KAR Auction Services, Inc had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 35 price target on the stock.

The share price of KAR Auction Services, Inc (NYSE:KAR) was up +0.81% during the last trading session, with a day high of 43.89. 748990 shares were traded on KAR Auction Services, Inc’s last session.

The stock’s 50 day moving average is 42.84 and its 200 day moving average is 41.08. The stock’s market capitalization is 6.04B. KAR Auction Services, Inc has a 52-week low of 31.54 and a 52-week high of 44.10.

KAR Auction Services, Inc. is a provider of whole car auction services in North America, and salvage auction services in North America and the United Kingdom. The Company operates through three segments: ADESA, Inc. (ADESA Auctions), Insurance Auto Auctions, Inc. (IAA) and Automotive Finance Corporation (AFC). The ADESA segment is a provider of whole car auctions and related services to the vehicle remarketing industry in North America. The Company operates as IAA in the United States and Impact Auto Auctions in Canada. The AFC segment is a provider of floorplan financing to independent used vehicle dealers. It facilitates a marketplace by providing auction services for sellers of used, or whole car, vehicles and salvage vehicles through its approximately 240 physical auction locations, and multiple Internet venues. The Company facilitates the sale of over 4.4 million used and salvage vehicles.