Credit Acceptance Corporation found using ticker (CACC) now have 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 472 and 290 calculating the mean target price we have 381.38. With the stocks previous close at 434.19 this indicates there is a potential downside of -12.2%. The 50 day moving average now sits at 437 while the 200 day moving average is 462.82. The market cap for the company is $8,278m. You can visit the company’s website by visiting: http://www.creditacceptance.com
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.