LKQ Corporation (LKQ) : Analyst Rating Update

LKQ Corporation (LKQ) : Zacks Investment Research ranks LKQ Corporation (LKQ) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 9 research analysts is 1.11, which indicates as a Strong Buy.

LKQ Corporation (LKQ) : Average target price received by LKQ Corporation (LKQ) is $38.19 with an expected standard deviation of $2. The most aggressive target on the stock is $40, whereas the most downbeat target is $36. 8 financial analysts are currently covering the stock.

LKQ Corporation (NASDAQ:LKQ): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.48 and $31.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.76, notching a gain of 0.54% for the day. The total traded volume was 3,830,794 . The stock had closed at $31.59 on the previous day.

The company shares have rallied 4.05% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $34.26 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $32.28 and the 200 Day Moving Average price is recorded at $30.21.

LKQ Corporation is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories. The company distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, recycled collision and mechanical products, refurbished collision products such as wheels, bumper covers and lights, and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products, with its sales, processing, and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service, and Specialty.

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