CarMax (KMX) Rating Kept
In a note shared with investors on 22 December, CarMax (KMX) stock Outperform was restate at Wedbush. They currently have a $81.0 target price per share on the stock. Wedbush’s target price per share means a potential upside of 7.86 % from the company’s close price.
Related Articles
KMX is right now trading 0.00% lower at $0.00 as of 4:03 AM New York time. CarMax’s stock is 0% over the last 200 days. It has underperformed the S&P500 Index, which has surged 6.00% over the same time period.
Out of 17 brokers covering CarMax, 12 rate it a Buy, 7 indicate a Hold while 1 suggest a Sell. The highest target is $83 and the lowest is $40 according to Thomson/First Call. The 12-month mean target is $60.71, which means upside potential of ∞% over the current price.
Institutional Ownership
Broad Run Investment Management Llc had the biggest stake with ownership of 3.10M shares as of q2 2015 for 7.52% of the fund portfolio. Markel Corp is another notably bullish institutional investor who is owning 4.91M shares of CarMax or 6.76% of their fund portfolio. Further, Abrams Bison Investments Llc have 6.13% of their fund portfolio invested in the company for 1.05M shares. The -based fund Avenir Corp revealed it had acquired a stake worth about 5.56% of the institutional investor’s stock portfolio in CarMax. The Virginia-based fund Akre Capital Management Llc is also positive about the stock, possessing 1.21M shares or 5.08% of their fund portfolio.
CarMax (KMX) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. CarMax has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
Get the latest CarMax (KMX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
The post Wedbush Reiterates $81.0 Target Price per Share On CarMax (KMX), Reiterates Outperform Rating appeared first on Octafinance.
This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here