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up 201.77 %

PENSKE AUTOMOTIVE GROUP INC. (PAG) rated Overweight by Thomas Weisel

Posted on: Tuesday,  Sep 22, 2009  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight PENSKE AUTOMOTIVE GROUP INC. (NYSE: PAG) on 09/22/2009, when the stock price was $16.86.
Since then, PENSKE AUTOMOTIVE GROUP INC. has gained 201.78% as of 12/28/2015's recent price of $50.88.
If you would have followed this Thomas Weisel's recommendation on PAG, you would have gained 201.77% of your investment in 2288 days.

Penske Automotive Group, Inc. is an automotive retailer headquartered in the United States. As of February 1, 2009, the Company owned and operated 156 franchises in the United States and 148 franchises outside of the United States, primarily in the United Kingdom. The Company offers a range of vehicle brands, with 96% of its total revenue, during the year ended December 31, 2008 generated from brands of non-United States-based manufacturers, including sales relating to brands, such as Audi, BMW, Cadillac and Porsche, which represented 65% of its total revenue. In June 2008, it acquired a 9% limited partnership interest in Penske Truck Leasing Co., L.P. (PTL) from GE Capital. PTL is a global transportation services provider, which operates and maintains more than 200,000 vehicles and services customers in North America, South America, Europe and Asia.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  4.74 %
1 Month up  12.11 %
3 Months down  -13.60 %
1 YTD down  -1.72 %

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