Penske Auto downgraded by JP Morgan with a new price target
$PAG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
JP Morgan downgraded Penske Auto from Neutral to Underweight and set a new price target of $140.00 from $150.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/27/2026 | $167.00 | Neutral | UBS |
| 12/9/2025 | $195.00 | Buy | BofA Securities |
| 11/12/2025 | $195.00 | Overweight | Barclays |
| 8/5/2025 | $175.00 | Underweight → Neutral | Analyst |
| 4/23/2025 | $185.00 | Buy | Citigroup |
| 12/12/2024 | Buy | The Benchmark Company | |
| 9/25/2024 | $115.00 → $180.00 | Underweight → Overweight | Morgan Stanley |
| 9/12/2024 | $161.00 | Equal-Weight | Stephens |
BLOOMFIELD HILLS, Mich., July 22, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, announced its Board of Directors ("Board") today received an unsolicited, preliminary and non-binding proposal ("Proposal") from Penske Corporation ("PC") and Mitsui & Co., Ltd. ("Mitsui") to acquire the remaining shares of the Company's common stock that they and their affiliates do not currently own for cash consideration of $210 per share. PC and Mitsui and their affiliates currently beneficially own collectively 72.6% of the Company's outstanding common stock.
BLOOMFIELD HILLS, Mich., July 10, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced it will release financial results for the three and six months ended June 30, 2026, on the morning of Wednesday, July 29, 2026.An investor presentation and earnings press release will be accessible beginning the morning of July 29, 2026, in the Investors section of the Penske Automotive Group website at www.penskeautomotive.com.A conference call and audio webcast to discuss these results will be held later that day as follows:WHEN: Wednesday,
BLOOMFIELD HILLS, Mich., May 13, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.42 per share, representing an increase of $0.02 per share, or approximately 1.4%. This represents the Company's 22nd consecutive quarterly increase. The dividend is payable June 3, 2026, to shareholders of record as of May 26, 2026."We are pleased to reward shareholders with another increase in the quarterly dividend," said Penske Automotive Group President Robert H. Kurnick, Jr. "Th
8-K - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Filer)
SCHEDULE 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
SCHEDULE 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
UBS initiated coverage of Penske Auto with a rating of Neutral and set a new price target of $167.00
BofA Securities resumed coverage of Penske Auto with a rating of Buy and set a new price target of $195.00
Barclays initiated coverage of Penske Auto with a rating of Overweight and set a new price target of $195.00
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
4 - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Issuer)
BLOOMFIELD HILLS, Mich., July 10, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced it will release financial results for the three and six months ended June 30, 2026, on the morning of Wednesday, July 29, 2026.An investor presentation and earnings press release will be accessible beginning the morning of July 29, 2026, in the Investors section of the Penske Automotive Group website at www.penskeautomotive.com.A conference call and audio webcast to discuss these results will be held later that day as follows:WHEN: Wednesday,
BLOOMFIELD HILLS, Mich., May 13, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.42 per share, representing an increase of $0.02 per share, or approximately 1.4%. This represents the Company's 22nd consecutive quarterly increase. The dividend is payable June 3, 2026, to shareholders of record as of May 26, 2026."We are pleased to reward shareholders with another increase in the quarterly dividend," said Penske Automotive Group President Robert H. Kurnick, Jr. "Th
Total New and Used Retail Automotive Gross Profit Per Unit Retailed Increases SequentiallyRecord Retail Automotive Service and Parts Revenue Increases 4.6% to $864 MillionSame-Store Retail Automotive Service and Parts Revenue Increases 4.6% and Related Gross Profit Increases 5.7%Same-Store Retail Commercial Truck Service and Parts Revenue Increases 4.1%Earnings Before Taxes of $324 Million; Net Income of $235 Million; Earnings Per Share of $3.56Completed Acquisitions Representing $450 Million in Estimated Annualized RevenueRepurchased 170,393 SharesBLOOMFIELD HILLS, Mich., April 29, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation serv
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)
SC 13D/A - PENSKE AUTOMOTIVE GROUP, INC. (0001019849) (Subject)