Credit Acceptance Corporation found using ticker (CACC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price ranges between 390 and 150 with the average target price sitting at 250.57. With the stocks previous close at 252.21 this indicates there is a potential downside of -.7%. The 50 day MA is 348.72 and the 200 day moving average is 418.9. The company has a market cap of $4,740m. Find out more information at: 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.