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Sonic Automotive Analyst Ratings

Benzinga ·  Aug 1, 2023 08:14
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/01/2023 21.11% Benchmark $71 → $58 Maintains Buy
07/31/2023 4.41% JP Morgan $55 → $50 Maintains Neutral
06/23/2023 14.85% Stephens & Co. → $55 Reiterates Overweight → Overweight
06/23/2023 8.58% JP Morgan $50 → $52 Maintains Neutral
05/01/2023 21.11% Benchmark $71 → $58 Maintains Buy
02/28/2023 -26.92% Morgan Stanley $33 → $35 Maintains Underweight
02/21/2023 48.26% Benchmark $62 → $71 Maintains Buy
02/21/2023 14.85% JP Morgan $60 → $55 Downgrades Overweight → Neutral
01/17/2023 -31.09% Morgan Stanley $35 → $33 Maintains Underweight
10/31/2022 29.46% Benchmark $71 → $62 Maintains Buy
10/06/2022 25.29% JP Morgan → $60 Upgrades Neutral → Overweight
09/09/2022 B of A Securities Downgrades Buy → Underperform
09/01/2022 -26.92% Morgan Stanley $33 → $35 Maintains Underweight
08/01/2022 48.26% Benchmark $85 → $71 Maintains Buy
07/14/2022 -31.09% Morgan Stanley $40 → $33 Maintains Underweight
05/23/2022 -16.48% Morgan Stanley $43 → $40 Maintains Underweight
04/29/2022 Seaport Global Downgrades Buy → Neutral
03/08/2022 -10.21% Morgan Stanley $40 → $43 Maintains Underweight
11/17/2021 -16.48% Morgan Stanley → $40 Downgrades Equal-Weight → Underweight
08/05/2021 14.85% Morgan Stanley $52 → $55 Maintains Equal-Weight
07/26/2021 8.58% Morgan Stanley $51 → $52 Maintains Equal-Weight
05/07/2021 6.49% Morgan Stanley $48 → $51 Maintains Equal-Weight
01/15/2021 JP Morgan Upgrades Neutral → Overweight
12/07/2020 0.23% Morgan Stanley $38 → $48 Maintains Equal-Weight
11/17/2020 B of A Securities Upgrades Underperform → Buy
10/19/2020 -1.86% Seaport Global → $47 Initiates Coverage On → Buy
10/15/2020 16.93% B of A Securities $52 → $56 Maintains Underperform
08/05/2020 -20.65% Morgan Stanley $35 → $38 Maintains Equal-Weight
07/10/2020 -26.92% Morgan Stanley $20 → $35 Maintains Equal-Weight
06/17/2020 -18.56% Benchmark $27.5 → $39 Maintains Buy
05/18/2020 -58.24% Morgan Stanley $18 → $20 Maintains Equal-Weight
05/05/2020 -62.41% Morgan Stanley $17 → $18 Maintains Equal-Weight
04/13/2020 -64.5% Morgan Stanley $12 → $17 Maintains Equal-Weight
03/30/2020 -74.94% Morgan Stanley $27 → $12 Maintains Equal-Weight
03/23/2020 -43.62% Benchmark $35 → $27 Maintains Buy
03/12/2020 -26.92% Benchmark → $35 Initiates Coverage On → Buy
03/11/2020 -41.53% JP Morgan $35 → $28 Maintains Neutral
02/20/2020 -26.92% JP Morgan $37 → $35 Maintains Neutral
12/18/2019 -22.74% JP Morgan $35 → $37 Maintains Neutral
11/14/2019 -35.27% Morgan Stanley $22 → $31 Upgrades Underweight → Equal-Weight
10/15/2019 -54.06% Morgan Stanley $20 → $22 Maintains Underweight
09/13/2019 B of A Securities Downgrades Neutral → Underperform
09/10/2019 -37.36% JP Morgan $23 → $30 Upgrades Underweight → Neutral
08/15/2019 -39.44% B of A Securities $26 → $29 Downgrades Buy → Neutral
08/02/2019 -58.24% Morgan Stanley $18 → $20 Maintains Underweight
07/15/2019 -58.24% Buckingham Research $15 → $20 Maintains Neutral
06/05/2019 -37.36% Stephens & Co. $19 → $30 Upgrades Equal-Weight → Overweight
05/06/2019 -62.41% Morgan Stanley $10 → $18 Maintains Underweight
04/26/2019 B of A Securities Upgrades Neutral → Buy
02/19/2019 -70.77% JP Morgan → $14 Initiates Coverage On → Underweight
08/15/2018 -66.59% Morgan Stanley $19 → $16 Maintains Underweight

What is the target price for Sonic Automotive (SAH)?

The latest price target for Sonic Automotive (NYSE: SAH) was reported by Benchmark on August 1, 2023. The analyst firm set a price target for $58.00 expecting SAH to rise to within 12 months (a possible 21.11% upside). 13 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 Benchmark, and Sonic Automotive maintained their buy rating.

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 August 1, 2023 so you should expect the next rating to be made available sometime around August 1, 2024.

Is the Analyst Rating Sonic Automotive (SAH) correct?

While ratings are subjective and will change, the latest Sonic Automotive (SAH) rating was a maintained with a price target of $71.00 to $58.00. The current price Sonic Automotive (SAH) is trading at is $47.89, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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