Penske Automotive Group (PAG) Misses Q1 EPS by 18c

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Penske Automotive Group (PAG) PT Raised to $125 at CFRA

April 30, 2024 10:45 AM EDT

CFRA analyst Garrett Nelson raised the price target on Penske Automotive Group (NYSE: PAG) to $125.00 (from $115.00) while maintaining a Sell rating.

The analyst comments "We increase our 12-month target by $10 to $125, based on a 2025 P/E of 8.4x, a justified... More