Argus cuts target for Penske Automotive Group stock to USD 205.00
Published on 10/20/2026 at 21:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and key dates
- Argus lowered its Penske Automotive Group target to USD 205.00 on October 14, 2026.
- Penske Automotive Group declared a USD 1.46 quarterly dividend payable December 1, 2026.
- Penske Automotive Group stock costs EUR 188.50 at Lang & Schwarz on October 20, 2026 at 9:01 p.m. CEST, down 0.79 percent versus the Tradegate close of October 19, 2026.
- Third-quarter results are scheduled for October 28, 2026.
Penske Automotive Group (ISIN US70959W1036) is facing a lower analyst valuation after Argus cut its target from USD 209.00 to USD 205.00 on October 14, 2026, while maintaining a Neutral rating, according to Yahoo Finance. The stock was trading at EUR 188.50 at Lang & Schwarz on October 20, 2026 at 9:01 p.m. CEST, down 0.79 percent versus the Tradegate close of October 19, 2026 at EUR 190.00.
Argus target moves to USD 205.00
The latest Argus target is 3.38 percent below the NYSE price of USD 212.17 at 3:04 p.m. ET on October 20, 2026. That comparison uses the home-market quotation and keeps the analyst view separate from the euro quotation.
The broader analyst picture is higher. MarketBeat reported on October 18, 2026 that ten firms were split between five Buy and five Hold ratings, with an average 12-month target of USD 211.43.
Stock stays below its yearly high
Penske Automotive traded between USD 140.12 and USD 227.00 over the 52 weeks through October 20, 2026. The NYSE price of USD 212.17 stood 6.53 percent below that high, while reported volume reached 255,317 shares. Its market capitalization was USD 13.9 billion and its price-to-earnings ratio was 15.62 on the same date.
Revenue and dividend dates
For the second quarter of 2026, revenue reached USD 8.51 billion and net income attributable to common stockholders was USD 260.40 million, according to the company's investor page. Adjusted income per share was USD 3.62, compared with USD 3.42 consensus in the quarter, as reported by MarketBeat.
Penske Automotive Group lists third-quarter results for October 28, 2026. MarketBeat also reported a quarterly dividend of USD 1.46 payable December 1, 2026 to shareholders of record on November 13, 2026.
Auto dealers show varied valuations
As of October 20, 2026, Asbury Automotive Group traded at USD 171.62 on the NYSE, with a 6.42 price-to-earnings ratio and USD 3.1 billion market capitalization. Lithia Motors traded at USD 297.93 on the NYSE, with a 9.87 price-to-earnings ratio and USD 6.5 billion market capitalization.
Investor calendar remains the next test
The October 28 reporting date is the next scheduled company event. Until then, the analyst target, the dividend calendar and the spread between the NYSE quotation and the USD 205.00 target provide the main dated reference points.
The further course of trading is shown by the continuously updated real-time quote of Penske Automotive Group stock.
Penske Automotive Group market data
- Company: Penske Automotive Group, Inc.
- ISIN: US70959W1036
- Ticker: PAG
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:01 p.m. CEST): EUR 188.50
- Change versus Tradegate close: minus 0.79 percent
- Tradegate close (October 19, 2026): EUR 190.00
- Market capitalization: USD 13.9 billion (as of October 20, 2026)
- 52-week range: USD 140.12-227.00 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Auto Dealerships
Market context: Market report S&P 500.
