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AutoCanada Inc. (TSE:ACQ) stock price target increased to $23.00, issued a report today by Scotia Capital

Yesterday AutoCanada Inc. (TSE:ACQ) traded 0.24% higher at $21.36. AutoCanada Inc.’s 50-day average is $22.39 and its two hundred day average is $21.04. With the last close up 1.23% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 16,571 shares of ACQ changing hands under the typical 82,541

In a report released on Wednesday September 21, 2016 Scotia Capital increased the stock price target of AutoCanada Inc. (TSE:ACQ) to $23.00 indicating a possible upside of 0.08%.

Recent Performance Chart

AutoCanada Inc. (TSE:ACQ)

AutoCanada Inc. has 52 week low of $16.06 and a 52 week high of $37.13 with a PE ratio of 21.85 and has a market capitalization of $0.

A total of 11 equity analysts have released a research note on ACQ. One equity analyst rating the company a strong buy, seven equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $20.27.

Brief Synopsis About AutoCanada Inc. (TSE:ACQ)

AutoCanada Inc. (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products. The Company also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. The Company's business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 50 dealerships, including over 60 franchises. It also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products.

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