TOday’s Movers: Carvana (CVNA) Stock Rating Reiterated by Analysts at BMO Capital; $19 Target Price Indicates 27.95 % Potential

November 21, 2017 - By Linda Rogers

 TOday’s Movers: Carvana (CVNA) Stock Rating Reiterated by Analysts at BMO Capital; $19 Target Price Indicates 27.95 % Potential

Carvana (CVNA) Rating Reaffirmed

BMO Capital now has a $19 target price on shares of Carvana (CVNA). The target price would suggest a potential upside of 27.95 % from the last close price of Carvana (CVNA). This rating was released in analysts note on Wednesday morning.

Carvana Co (NYSE:CVNA) Ratings Coverage

Among 13 analysts covering Carvana (CVNA), 9 have Buy rating, 2 Sell and 2 Hold. Therefore 69% are positive. Carvana has $25 highest and $12.0 lowest target. $18.20’s average target is 22.56% above currents $14.85 stock price. Carvana had 27 analyst reports since May 22, 2017 according to SRatingsIntel. The rating was maintained by Craig Hallum with “Buy” on Thursday, August 31. As per Wednesday, August 9, the company rating was maintained by Craig Hallum. On Tuesday, August 8 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Carvana Co (NYSE:CVNA) earned “Hold” rating by Barrington on Friday, October 27. The stock of Carvana Co (NYSE:CVNA) earned “Hold” rating by Wedbush on Wednesday, November 8. BMO Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 8 report. Robert W. Baird maintained it with “Buy” rating and $1500 target in Wednesday, June 7 report. The rating was maintained by Wells Fargo with “Buy” on Tuesday, June 13. The firm has “Buy” rating by Robert W. Baird given on Monday, November 20. JMP Securities maintained Carvana Co (NYSE:CVNA) on Wednesday, November 8 with “Outperform” rating.

About 178,923 shares traded. Carvana Co (CVNA) has 0.00% since November 21, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await Carvana Co (NYSE:CVNA) to report earnings on February, 6. After $-0.29 actual EPS reported by Carvana Co for the previous quarter, Wall Street now forecasts 17.24 % negative EPS growth.

Carvana Co. is an e-commerce platform for buying used cars. The company has market cap of $1.97 billion. On the Company’s platform, clients can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. It currently has negative earnings.

More notable recent Carvana Co (NYSE:CVNA) news were published by: Bizjournals.com which released: “Carvana launches in yet another new state” on October 25, 2017, also Bizjournals.com with their article: “Despite record revenue, Carvana sees losses widen in latest quarter” published on November 07, 2017, Crainsdetroit.com published: “Ally provides $2 billion in financing to Carvana” on November 07, 2017. More interesting news about Carvana Co (NYSE:CVNA) were released by: Bizjournals.com and their article: “Carvana trolls car dealerships with one of the largest Halloween costumes” published on October 31, 2017 as well as Businesswire.com‘s news article titled: “Carvana to Attend Upcoming Investor Conferences” with publication date: October 27, 2017.

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