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Credit Acceptance Corp has a consensus price target of $386.75 based on the ratings of 4 analysts. The high is $440 issued by Stephens & Co. on October 31, 2023. The low is $347 issued by BMO Capital on October 31, 2023. The 3 most-recent analyst ratings were released by TD Cowen on November 1, 2024, August 1, 2024, and May 2, 2024, respectively. With an average price target of $400 between TD Cowen, there's an implied -13.27% downside for Credit Acceptance Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Credit Acceptance (NASDAQ:CACC) was reported by TD Cowen on November 1, 2024. The analyst firm set a price target for $380.00 expecting CACC to fall to within 12 months (a possible -17.60% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Credit Acceptance (NASDAQ:CACC) was provided by TD Cowen, and Credit Acceptance maintained their sell rating.
There is no last upgrade for Credit Acceptance
There is no last downgrade for Credit Acceptance.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Credit Acceptance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Credit Acceptance was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Credit Acceptance (CACC) rating was a maintained with a price target of $400.00 to $380.00. The current price Credit Acceptance (CACC) is trading at is $461.19, which is out of the analyst’s predicted range.
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