Analysts have clear opinions on KAR.
There are 4 analysts on the Wall offering 12 month price targets for Kar Auction Services in the last 3 months. The average price target is $26.75 with a high forecast of $40.00 and a low forecast of $18.00. The average price target represents a 21.26% increase from the last price of $22.06.
KAR Auction Services, Inc. (KAR) is followed by 4 analysts on the street.
Bret Jordan from Jefferies rates it a Hold with a target of $24.00.
Similarly, 2 months ago Gary Prestopino of Barrington Reiterated a Buy with a target of $40.00.
The consensus on the street is Moderate Buy.
What does KAR Auction Services, Inc.(KAR) do ?
KAR Auction Services, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following three segments: ADESA Auctions, Insurance Auto Auctions (IAA), and Automotive Finance Corporation (AFC). The ADESA segment provides whole care auctions and related services to the vehicle remarketing industry in North America. The IAA segment provides damaged and total loss claim solutions and salvage vehicle auctions.The AFC segment provides floor plan financing to independent used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.
KAR Auction Services, Inc. (KAR) Insider Trades
Multiple company employees have indulged in significant insider trading. KAR Auction Services, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Dir, Hill Mark E : P – Purchase(+$397,750) of KAR in the trading session of 2019-11-11.
COO, Chief Strategy Officer Gottwald Donald S. : S – Sale+OE(-$629,809) of KAR in the trading session of 2018-09-12.
EVP of Intl Mrkts, Strat Init Skuy Benjamin : S – Sale+OE(-$3,736,514) of KAR Auction Services, Inc. in the trading session of 2018-08-31.
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