Credit Acceptance Corp. Sets New 1-Year High at $133.18 (CACC)
Credit Acceptance Corp. (NASDAQ:CACC) set a new 52-week high during trading hours on Friday, Stock Ratings Network.com reports. The company traded as high as $133.18 and last traded at $132.53, with a volume of 25,731 shares. The stock had previously closed at $128.43.
Several analysts have recently commented on the stock. Analysts at JMP Securities raised their price target on shares of Credit Acceptance Corp. from $125.00 to $130.00 in a research note to investors on Monday, November 4th. They now have a “market outperform” rating on the stock. Analysts at Raymond James initiated coverage on shares of Credit Acceptance Corp. in a research note to investors on Wednesday, October 16th. They set a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Credit Acceptance Corp. has a consensus rating of “Hold” and an average price target of $125.65.
Credit Acceptance Corp. has a 52 week low of $95.54 and a 52 week high of $134.18. The stock has a 50-day moving average of $128.1 and a 200-day moving average of $116.5. The company has a market cap of $3.172 billion and a price-to-earnings ratio of 12.67.
Credit Acceptance Corporation (NASDAQ:CACC) is a provider of auto loans to consumers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.