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Barrington Remains a Buy on LKQ (LKQ)

Tipranks - Wed Jan 28, 1:52AM CST

In a report released yesterday, Gary Prestopino from Barrington maintained a Buy rating on LKQ, with a price target of $42.50. The company’s shares closed yesterday at $33.77.

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Prestopino covers the Consumer Cyclical sector, focusing on stocks such as Liquidity Services, LKQ, and Commercial Vehicle Group. According to TipRanks, Prestopino has an average return of 6.8% and a 52.50% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for LKQ with a $41.25 average price target, which is a 22.15% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to a Buy with a $38.00 price target.

Based on LKQ’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.5 billion and a net profit of $180 million. In comparison, last year the company earned a revenue of $3.58 billion and had a net profit of $191 million

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