Barclays cuts target for Penske Automotive Group stock to USD 210.00

Published on 10/17/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Six-month revenue reached USD 16.38 billion through June 30, 2026. Penske Automotive Group stock stood at EUR 189.00 on October 16, 2026.

Analyst view and reporting date

Barclays analyst John Babcock lowered the target to USD 210.00 from USD 225.00 on October 6, 2026.
Penske Automotive Group reported USD 16.38 billion in six-month revenue through June 30, 2026.
Tradegate quoted the stock at EUR 189.00 on October 16, 2026 at 3:42 p.m. CEST.
Penske Automotive Group is scheduled to issue third-quarter results on October 28, 2026.

PAG, US70959W1036, Illustration mit AI erstellt.

Penske Automotive Group (ISIN US70959W1036) faced a Barclays target cut from USD 225.00 to USD 210.00 on October 6, 2026. Markets Insider reported that analyst John Babcock kept an Overweight rating. The new target was 1.15 percent below the NYSE price of USD 212.42 on October 16, 2026.

Revenue provides operating scale

Penske Automotive Group reported USD 16.38 billion in revenue for the six months ended June 30, 2026. Its investor materials also listed USD 495.00 million of income attributable to common stockholders and adjusted income of USD 438.00 million for that period, giving the target reset a current earnings backdrop. These figures are reported by Penske Automotive Group.

Stock stays below its yearly high

The NYSE quote was USD 212.42 on October 16, 2026 at 4:00 p.m. ET, up 0.20 percent from USD 212.00. The price stood 6.42 percent below the USD 227.00 52-week high and 51.60 percent above the USD 140.12 low. Trading volume was 1,092,815 shares against an average of 492,803.

On October 15, 2026, Penske Automotive Group had announced an agreement to be taken private by Penske Corporation and Mitsui. The announcement set the backdrop for the target changes, while the next reported figures will provide a fresh operating reference.

Valuation and October 28 results

Market capitalization stood at USD 13.9 billion on October 16, 2026, while the trailing price-to-earnings ratio was 15.64. The company is scheduled to issue third-quarter 2026 results on October 28, 2026, before the market opens, according to its investor-relations release.

Comparison with peers

Penske Automotive Group: plus 0.20 percent, P/E 15.64, market capitalization USD 13.9 billion

AutoNation (NYSE, USD): plus 1.21 percent, P/E 7.49, market capitalization USD 5.3 billion

Asbury Automotive Group (NYSE, USD): plus 0.11 percent, P/E 6.36, market capitalization USD 3.1 billion

The euro quote stays dated

Tradegate quoted Penske Automotive Group at EUR 189.00 on October 16, 2026 at 3:42 p.m. CEST. The separate NYSE quotation ended at USD 212.42 on the same date, leaving the two venue prices in their respective currencies.