Penske Automotive Group Gets a Hold Rating from KeyBanc

By Ryan Adsit

KeyBanc analyst Brett Hoselton reiterated a Hold rating on Penske Automotive Group (NYSE: PAG) yesterday. The company’s shares closed yesterday at $46.20.

According to TipRanks.com, Hoselton is a 5-star analyst with an average return of 17.3% and a 65.4% success rate. Hoselton covers the Industrial Goods sector, focusing on stocks such as Superior Industries International, Metaldyne Performance Group, and Cooper-Standard Holdings.

Penske Automotive Group has an analyst consensus of Moderate Buy, with a price target consensus of $54.

Penske Automotive Group’s market cap is currently $3.96B and has a P/E ratio of 10.85. The company has a book value ratio of 1.9060.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PAG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Penske Automotive Group, Inc. is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments.