The latest price target for Penske Automotive Group (NYSE:PAG) was reported by Morgan Stanley on September 25, 2024. The analyst firm set a price target for $180.00 expecting PAG to rise to within 12 months (a possible 11.86% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for Penske Automotive Group (NYSE:PAG) was provided by Morgan Stanley, and Penske Automotive Group upgraded their overweight rating.

The last upgrade for Penske Automotive Group Inc happened on September 25, 2024 when Morgan Stanley raised their price target to $180. Morgan Stanley previously had an underweight for Penske Automotive Group Inc.

The last downgrade for Penske Automotive Group Inc happened on July 31, 2023 when JP Morgan changed their price target from $150 to $140 for Penske Automotive Group Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Penske Automotive Group, 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 Penske Automotive Group was filed on September 25, 2024 so you should expect the next rating to be made available sometime around September 25, 2025.

While ratings are subjective and will change, the latest Penske Automotive Group (PAG) rating was a upgraded with a price target of $115.00 to $180.00. The current price Penske Automotive Group (PAG) is trading at is $160.91, which is within the analyst’s predicted range.