Benchmark has begun coverage of Sonic Automotive (SAH, Financial), assigning it a Buy rating. The firm has set a price target of $76 for the stock. This endorsement suggests confidence in the company's future performance and potential market resilience.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Sonic Automotive Inc (SAH, Financial) is $71.29 with a high estimate of $80.00 and a low estimate of $60.00. The average target implies an upside of 2.75% from the current price of $69.38. More detailed estimate data can be found on the Sonic Automotive Inc (SAH) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Sonic Automotive Inc's (SAH, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sonic Automotive Inc (SAH, Financial) in one year is $61.18, suggesting a downside of 11.82% from the current price of $69.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sonic Automotive Inc (SAH) Summary page.
