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 or ADESA), 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. It serves its customer base through online auctions and auction facilities that are developed and located to draw professional sellers and buyers together, and allow the buyers to inspect and compare vehicles remotely or in person. As a provider of salvage vehicle auctions and related services, it operates as IAA in the United States and Impact Auto Auctions in Canada, and serves customer base through salvage auction locations throughout North America. The AFC segment provides floorplan financing to independent used vehicle dealers.