Is This Stock a Screaming Buy: LKQ Corp. (NASDAQ:LKQ)

Equity Research firms currently have a positive stance on shares of LKQ Corp. (NASDAQ:LKQ). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $39.10 on a short term basis.

At the time of writing, the stock was trading at $33.14. This represents a change from the opening price of -0.33%. In terms of performance, year to date, the stock is 12.18%. The monthly stock performance comes in at -8.23%. For the quarter, shares are performing at 0.45%. Weekly performance analysis shows the equity at -5.68%.

In taking a look at technical levels, shares are trading -5.97% away from the 50 day simple moving average and 4.50% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -8.83% away from it’s 52- week high and 38.37% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, LKQ Corp.’s RSI stands at 27.85. In looking at volatility levels, the shares saw weekly volatility of 2.46% and 1.91% over the past month.

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