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A statement released earlier today by Jefferies & Co about Copart Inc. (NASDAQ:CPRT) bumps the target price to $55.00

Having a price of $53.55, Copart Inc. (NASDAQ:CPRT) traded 0.06% higher on the day. With the last close up 14.51% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. CPRT has recorded a 50-day average of $51.12 and a two hundred day average of $46.75. Trade Volume was down over the average, with 146,929 shares of CPRT changing hands under the typical 568,667

Stating as potential upside of 0.03%, Jefferies & Co upped the price target of Copart Inc. (NASDAQ:CPRT) to $55.00

Recent Performance Chart

Copart Inc. (NASDAQ:CPRT)

Copart Inc. has price-earnings ratio of 27.49 with a one year low of $32.26 and a one year high of $54.85 and has a total market value of $0.

A total of 9 analysts have released a research note on CPRT. Five analysts rating the company a strong buy, one analyst rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $41.94.

More About Copart Inc. (NASDAQ:CPRT)

Copart, Inc. is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain and Brazil. The Company also provides vehicle remarketing services in Germany and Spain. It provides vehicle sellers with services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). It sells vehicles primarily to insurance companies, and also to banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. It sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, and at certain locations, to the general public. The Company that sells vehicles on behalf of insurance companies are either damaged vehicles deemed a total loss or not economically repairable by the insurance companies, or are recovered stolen vehicles.

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