Jefferies (NYSE:JEF) analyst Bret Jordan maintained a Buy rating on LKQ (NASDAQ:LKQ) Corp on Thursday, setting a price target of $65, which is approximately 28.74% above the present share price of $50.49.
Jordan expects LKQ Corp to post earnings per share (EPS) of $1.01 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in LKQ, with an average price target of $61.6.
The analysts price targets range from a high of $65 to a low of $60.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.44 billion and a net profit of $449.15 million. The company's market cap is $14.84 billion.
According to TipRanks.com, Jefferies analyst Bret Jordan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.0% and a 64.08% 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.