Barrington analyst Gary Prestopino maintained a Buy rating on LKQ (NASDAQ:LKQ) Corp on Monday, setting a price target of $40, which is approximately 43.06% above the present share price of $27.96.
Prestopino expects LKQ Corp to post earnings per share (EPS) of $0.47 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in LKQ, with an average price target of $34.75.
The analysts price targets range from a high of $40 to a low of $32.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3 billion and a net profit of $248.57 million. The company's market cap is $8.5 billion.
According to TipRanks.com, Barrington analyst Gary Prestopino is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 44.40% success rate.
LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale-North America, Europe and Specialty. The Wholesale-North America segment includes Glass and Self Service segments. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL.