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Analysts Have Conflicting Sentiments on These NA Companies: Sonic Automotive (SAH) and Overstock (OSTK)

Companies in the NA sector have received a lot of coverage today as analysts weigh in on Sonic Automotive (SAHResearch Report) and Overstock (OSTKResearch Report).

Sonic Automotive (SAH)

Bank of America Securities analyst John Murphy maintained a Sell rating on Sonic Automotive yesterday and set a price target of $57.00. The company’s shares closed last Thursday at $49.16.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 7.3% and a 52.6% success rate. Murphy covers the Industrial Goods sector, focusing on stocks such as Penske Automotive Group, Kar Auction Services, and Magna International.

Sonic Automotive has an analyst consensus of Hold, with a price target consensus of $50.50.

See Insiders’ Hot Stocks on TipRanks >>

Overstock (OSTK)

In a report released yesterday, Curtis Nagle from Bank of America Securities reiterated a Hold rating on Overstock, with a price target of $18.00. The company’s shares closed last Thursday at $15.40, close to its 52-week low of $14.68.

According to TipRanks.com, Nagle is a 2-star analyst with an average return of -0.9% and a 45.2% success rate. Nagle covers the NA sector, focusing on stocks such as Tempur Sealy, Vivid Seats, and 1stdibs.com.

Currently, the analyst consensus on Overstock is a Moderate Buy with an average price target of $22.80, a 50.5% upside from current levels. In a report issued on October 16, BTIG also maintained a Hold rating on the stock.

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