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LKQ (LKQ) Receives a Rating Update from a Top Analyst

Barrington analyst Gary Prestopino maintained a Buy rating on LKQ (LKQResearch Report) today and set a price target of $67.50. The company’s shares closed last Monday at $53.77.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 40.0% and a 54.4% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Bottomline Technologies, and PowerFleet.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LKQ with a $67.50 average price target.

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Based on LKQ’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.3 billion and net profit of $284 million. In comparison, last year the company earned revenue of $3.05 billion and had a net profit of $193 million.

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LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale-North America, Europe and Specialty. The Wholesale-North America segment includes Glass and Self Service segments. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL.

Read More on LKQ:

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