Jefferies Reaffirms Their Buy Rating on Lithia Motors

By Ryan Adsit

Jefferies analyst Bret Jordan reiterated a Buy rating on Lithia Motors (NYSE: LAD) today and set a price target of $115. The company’s shares closed yesterday at $91.46.

According to, Jordan is a 4-star analyst with an average return of 7.0% and a 62.1% success rate. Jordan covers the Services sector, focusing on stocks such as Pep Boys-Manny Moe & Jack, Kar Auction Services Inc, and Genuine Parts Company.

Lithia Motors has an analyst consensus of Hold, with a price target consensus of $103.50.

The company has a one year high of $105.32 and a one year low of $69.36. Currently, Lithia Motors has an average volume of 318.4K.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. Last month, Susan Cain, a Director at LAD sold 2,317 shares for a total of $214,276.

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Lithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles. It operates through the following segments: Domestic, Import, Luxury, and Corporate and Others. The Domestic segment comprises of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors, and Ford.