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KAR Auction Services Inc (KAR) [hlAlert]

Rating:
Buy KAR
down 1.19 %

KAR Auction Services Inc (KAR) rated Buy by Sterne Agee CRT

Posted on: Friday,  Jul 24, 2015  10:25 AM ET by Sterne Agee CRT

Sterne Agee CRT rated Buy KAR Auction Services Inc (NYSE: KAR) on 07/24/2015, when the stock price was $37.61.
Since then, KAR Auction Services Inc has lost 1.20% as of 01/13/2016's recent price of $37.16.
If you would have followed this Sterne Agee CRT's recommendation on KAR, you would have lost 1.19% of your investment in 173 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.

Sterne Agee CRT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2015 10:25 AM Buy
None
37.61
as of 8/27/2015
1 Week down  -1.87 %
1 Month down  -3.20 %
3 Months down  -1.19 %
1 YTD down  -1.19 %

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