With both the consensus analyst price target and key valuation metrics such as discount rate and future P/E ratio remaining effectively unchanged, analyst sentiment and fair value estimate for Penske Automotive Group are stable at $177.57.
What's in the News
- Repurchased 496,273 shares for $71.32 million, completing 38.01% of buyback announced in 2010.
- Increased quarterly dividend by 4.8% to $1.32 per share, marking 19 consecutive quarterly increases.
- Added to Russell 1000 Defensive Index.
- Added to Russell 1000 Value-Defensive Index.
Valuation Changes
Summary of Valuation Changes for Penske Automotive Group
- The Consensus Analyst Price Target remained effectively unchanged, at $177.57.
- The Discount Rate for Penske Automotive Group remained effectively unchanged, at 10.01%.
- The Future P/E for Penske Automotive Group remained effectively unchanged, moving only marginally from 16.10x to 16.11x.
Disclaimer
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