NEW YORK, Oct 31 (Reuters) - Shares of Penske Automotive Group should at least trade in range with peers, and could jump as much as 30 percent within a year, according to a report in Barron's financial newspaper. The No. 2 U.S.-based auto dealership group posted a higher-than-expected quarterly profit earlier this month. [ID:nN22162973]. Yet its shares, which closed Friday at $13.45, continue to trade below rivals AutoNation Inc and CarMax Inc . The company, which is expected to earn ...
Premium Content (PAID Subscription Required)
"Penske deserves to trade in line with peers-Barron's" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.