CarMax Given Hold Rating at Zacks (KMX)
CarMax (NYSE:KMX)‘s stock had its “hold” rating restated by Zacks in a research note issued on Friday, AnalystRatingsNetwork reports. They currently have a $48.00 price objective on the stock. Zacks‘ target price would indicate a potential downside of 6.34% from the company’s current price.
KMX has been the subject of a number of other recent research reports. Analysts at Oppenheimer raised their price target on shares of CarMax (NYSE:KMX) from $52.00 to $61.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of CarMax (NYSE:KMX) in a research note to investors on Wednesday, July 31st. They now have a $56.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of CarMax (NYSE:KMX) from $46.00 to $54.00 in a research note to investors on Monday, June 24th. They now have an “outperform” rating on the stock.
Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $48.42.
CarMax (NYSE:KMX) opened at 51.25 on Friday. CarMax has a 1-year low of $28.04 and a 1-year high of $52.27. The stock has a 50-day moving average of $49.41 and a 200-day moving average of $46.17. The company has a market cap of $11.458 billion and a P/E ratio of 25.78.
CarMax, Inc (NYSE:KMX) is a holding company and its operations are conducted through its subsidiaries.
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