$62.30
5.63[9.93%]
At close: Apr 26
$62.30
0[0.00%]
After Hours: 4:00PM EDT
Sonic Automotive
(NYSE:SAH)Sonic Automotive Stock (NYSE:SAH), Analyst Ratings, Price Targets, Predictions
Sonic Automotive Inc has a consensus price target of $50.67, established from looking at the 28 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, B of A Securities, and Morgan Stanley on April 26, 2024, February 29, 2024, and February 29, 2024. With an average price target of $54.33 between B of A Securities, B of A Securities, and Morgan Stanley, there's an implied -12.79% downside for Sonic Automotive Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Morgan Stanley
Benchmark
JP Morgan
Stephens & Co.
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Sonic Automotive
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/26/2024 | SAH | Buy Now | Sonic Automotive | $62.30 | 9.15% | B of A Securities | John Murphy | $55 → $68 | Upgrade | Underperform → Buy | Get Alert |
| 02/29/2024 | SAH | Buy Now | Sonic Automotive | $62.30 | -11.72% | B of A Securities | John Murphy | $60 → $55 | Maintains | Underperform | Get Alert |
| 02/29/2024 | SAH | Buy Now | Sonic Automotive | $62.30 | -35.79% | Morgan Stanley | Adam Jonas | $35 → $40 | Maintains | Underweight | Get Alert |
| 10/31/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -0.48% | Benchmark | Michael Ward | $58 → $62 | Maintains | Buy | Get Alert |
| 10/31/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -19.74% | JP Morgan | Rajat Gupta | → $50 | Downgrade | Neutral → Underweight | Get Alert |
| 10/12/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -16.53% | JP Morgan | Rajat Gupta | $50 → $52 | Maintains | Neutral | Get Alert |
| 08/01/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -6.9% | Benchmark | Michael Ward | $71 → $58 | Maintains | Buy | Get Alert |
| 07/31/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -19.74% | JP Morgan | Rajat Gupta | $55 → $50 | Maintains | Neutral | Get Alert |
| 06/23/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -11.72% | Stephens & Co. | Daniel Imbro | → $30 | Reiterates | Overweight → Overweight | Get Alert |
| 06/23/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -16.53% | JP Morgan | Rajat Gupta | $50 → $52 | Maintains | Neutral | Get Alert |
| 05/01/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -6.9% | Benchmark | Michael Ward | $71 → $58 | Maintains | Buy | Get Alert |
| 02/28/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -43.82% | Morgan Stanley | Adam Jonas | $33 → $35 | Maintains | Underweight | Get Alert |
| 02/21/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | 13.96% | Benchmark | Michael Lapides | $62 → $71 | Maintains | Buy | Get Alert |
| 02/21/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -11.72% | JP Morgan | — | $60 → $55 | Downgrade | Overweight → Neutral | Get Alert |
| 01/17/2023 | SAH | Buy Now | Sonic Automotive | $62.30 | -47.03% | Morgan Stanley | Adam Jonas | $35 → $33 | Maintains | Underweight | Get Alert |
| 10/31/2022 | SAH | Buy Now | Sonic Automotive | $62.30 | -0.48% | Benchmark | Michael Ward | $71 → $62 | Maintains | Buy | Get Alert |
| 10/06/2022 | SAH | Buy Now | Sonic Automotive | $62.30 | -3.69% | JP Morgan | Rajat Gupta | → $60 | Upgrade | Neutral → Overweight | Get Alert |
| 09/09/2022 | SAH | Buy Now | Sonic Automotive | $62.30 | — | B of A Securities | John Murphy | — | Downgrade | Buy → Underperform | Get Alert |
| 09/01/2022 | SAH | Buy Now | Sonic Automotive | $62.30 | -43.82% | Morgan Stanley | Adam Jonas | $33 → $35 | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Sonic Automotive (SAH)?
The latest price target for Sonic Automotive (NYSE: SAH) was reported by B of A Securities on April 26, 2024. The analyst firm set a price target for $68.00 expecting SAH to rise to within 12 months (a possible 9.15% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sonic Automotive (SAH)?
The latest analyst rating for Sonic Automotive (NYSE: SAH) was provided by B of A Securities, and Sonic Automotive upgraded their buy rating.
When was the last upgrade for Sonic Automotive (SAH)?
The last upgrade for Sonic Automotive Inc happened on April 26, 2024 when B of A Securities raised their price target to $68. B of A Securities previously had an underperform for Sonic Automotive Inc.
When was the last downgrade for Sonic Automotive (SAH)?
The last downgrade for Sonic Automotive Inc happened on October 31, 2023 when JP Morgan changed their price target from N/A to $50 for Sonic Automotive Inc.
When is the next analyst rating going to be posted or updated for Sonic Automotive (SAH)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sonic Automotive, 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 Sonic Automotive was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
Is the Analyst Rating Sonic Automotive (SAH) correct?
While ratings are subjective and will change, the latest Sonic Automotive (SAH) rating was a upgraded with a price target of $55.00 to $68.00. The current price Sonic Automotive (SAH) is trading at is $62.30, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.