Penske deserves to trade in line with peers-Barron's


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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Dec 1, 2015

2016 Wards 10 Best Engines Test Drive: Hyundai Tucson FCV

The Hyundai Tucson FCV, evaluated by editor Drew Winter, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×