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Enter Symbol:
 
KAR Auction Services Inc (KAR) [hlAlert]

Rating:
Outperform
KAR
up 154.17 %

KAR Auction Services Inc (KAR) upgraded to Outperform with price target $21 by Robert W. Baird

Posted on: Monday,  Jun 4, 2012  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform KAR Auction Services Inc (NYSE: KAR) on 06/04/2012, when the stock price was $14.62.
Since then, KAR Auction Services Inc has gained 154.17% as of 01/13/2016's recent price of $37.16.
If you would have followed this Robert W. Baird's recommendation on KAR, you would have gained 154.17% of your investment in 1318 days.

KAR Auction Services, Inc., formerly KAR Holdings, Inc., is a holding company. The Company is a provider of vehicle auction services in North America. It facilitates auction services for sellers of used, or whole car, vehicles and salvage vehicles, through its 214 physical auction locations and Internet venues. During the year ended December 31, 2009, it facilitated the sale of over 3.3 million used and salvage vehicles. The Company?s revenues are generated, through auction fees from both vehicle buyers and sellers, as well as by providing ancillary services, including inspections, storage, transportation, reconditioning, salvage recovery, titling, and floorplan financing. The Company operates in three business segments: ADESA Auctions (ADESA), Insurance Auto Auctions, Inc. (IAAI) and Automotive Finance Corporation.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2012 8:25 AM Buy
None
14.62 21.00
as of 12/31/2012
1 Week up  3.52 %
1 Month up  13.89 %
3 Months up  2.53 %
1 YTD up  38.44 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/4/2011 8:25 AM Hold
None
17.56 21.00
1/20/2010 8:25 AM Buy
None
15.26 18.00

(*) Stock Price at the time of the recommendation.
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