Barrington analyst Gary Prestopino maintained a Buy rating on LKQ (NASDAQ:LKQ) Corp on Tuesday, setting a price target of $40, which is approximately 23.69% above the present share price of $32.34.
Prestopino expects LKQ Corp to post earnings per share (EPS) of $0.39 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in LKQ, with an average price target of $39.71.
The analysts price targets range from a high of $48 to a low of $32.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.63 billion and a net profit of $207.89 million. The company's market cap is $9.84 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 6.8% and a 46.55% 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.