Penske Automotive traded at $183.34 this Wednesday June 24th, increasing $6.63 or 3.75 percent since the previous trading session. Looking back, over the last four weeks, Penske Automotive gained 10.05 percent. Over the last 12 months, its price rose by 5.14 percent. Looking ahead, we forecast Penske Automotive to be priced at 171.59 by the end of this quarter and at 161.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Penske Automotive Group, Inc. is an international transportation services company. The Company operates automotive and commercial truck dealerships principally in the United States, Canada and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services principally in Australia and New Zealand. The Company's segments include Retail Automotive, consisting of its retail automotive dealership operations; Retail Commercial Truck, consisting of its retail commercial truck dealership operations in the United States and Canada; Other, consisting of its commercial vehicle and power systems distribution operations and other non-automotive consolidated operations. The Company holds interests in Penske Truck Leasing Co., L.P. (PTL), a provider of transportation services and supply chain management.