Evercore ISI Lowers Penske Automotive Group Inc. (PAG) to Sell
Penske Automotive Group Inc. (NYSE:PAG) was downgraded by equities research analysts at Evercore ISI from a "hold" rating to a "sell" rating in a note issued to investors on Thursday.A number of other research firms have also recently weighed in on PAG.Stifel Nicolaus cut shares of Penske Automotive Group from a "buy" rating to a "hold" rating in a report on Friday, September 16th.
Analytical Overview of Penske Automotive Group, Inc. (NYSE
Penske Automotive Group, Inc. (NYSE:PAG) belonging to the Retail-Wholesale sector has declined -3.13% and closed its last trading session at $46.13.The company is expected to report its next EPS on Oct 26 BMO.Currently, the stock has a 1 Year Price Target of $50.
Fenimore Asset Management Inc. Increases Stake in Penske Automotive Group Inc. (PAG)
Fenimore Asset Management Inc. boosted its stake in Penske Automotive Group Inc. (NYSE:PAG) by 41.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The firm owned 221,450 shares of the company's stock after buying an additional 65,175 shares during the period.Fenimore Asset Management Inc. owned approximately 0.26% of Penske Automotive Group worth $10,669,000 as of its most recent filing with the SEC.