Sonic Automotive, Inc. (SAH) shares recently traded at $51.79, surpassing the average 12-month analyst target price of $51.67. This movement prompts analysts to consider adjusting their target prices based on the company’s performance. Currently, there are six analyst targets, with the lowest at $35.00 and the highest at $60.00, yielding a standard deviation of $9.179.
The latest ratings for Sonic Automotive are as follows: 2 strong buy ratings, 3 hold ratings, 1 sell rating, and 1 strong sell rating, resulting in an average rating of 2.76, where 1 is a strong buy and 5 is a strong sell. Investors are encouraged to evaluate whether the current price indicates a continuation toward higher targets or suggests that the valuation may be stretched.
