Forecasting The Future: 4 Analyst Projections For Sonic Automotive

4 analysts have expressed a variety of opinions on Sonic Automotive (NYSE:SAH) over the past quarter, offering a diverse set of opinions from bullish to bearish.Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings20110Last 30D100001M Ago000002M Ago001003M Ago10010Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.5, a high estimate of $68.00, and a low estimate of $53.00. Marking an increase of 9.82%, the current average surpasses the previous average price target of $56.00. Interpreting Analyst Ratings: A Closer LookThe perception of Sonic Automotive by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetJohn MurphyB of A SecuritiesLowersBuy$67.00$68.00Rajat GuptaJP MorganRaisesNeutral$58.00$53.00Rajat GuptaJP MorganRaisesUnderweight$53.00$48.00John MurphyB of A SecuritiesRaisesBuy$68.00$55.00Key Insights:Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sonic Automotive. This information provides a snapshot of ...Full story available on Benzinga.com

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4 analysts have expressed a variety of opinions on Sonic Automotive SAH over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 0 0 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.

5, a high estimate of $68.00, and a low estimate of $53.00.

Marking an increase of 9.82%, the current average surpasses the previous average price target of $56.00.

Interpreting Analyst Ratings: A Closer Look The perception of Sonic Automotive by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target John Murphy B of A Securities Lowers Buy $67.

00 $68.00 Rajat Gupta JP Morgan Raises Neutral $58.00 $53.

00 Rajat Gupta JP Morgan Raises Underweight $53.00 $48.00 John Murphy B of A Securities Raises Buy $68.

00 $55.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise'.