The Globe and Mail reports in its Tuesday, Jan. 20, edition that Canaccord Genuity analyst Luke Hannan has reaffirmed his "buy" recommendation for AutoCanada. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hannan gave his share target a $6 boost to $42. Analysts on average target the shares at $32.20. Mr. Hannan says in a note: "We believe execution of the latest round of cost-cutting positions AutoCanada well to generate operating leverage on its base business going forward. With proceeds incoming from the previously announced U.S. divestitures, the company is well situated to scale its collision repair business, which should provoke investors to reward the stock with a higher multiple as this higher margin and more ratable business makes up a greater proportion of AutoCanada's overall EBITDA." The Globe reported on July 27, 2022, April 27, 2023, and May 16, 2025, that Mr. Hannan rated AutoCanada "buy" when it was worth $25.09, $20.10 and $20.80. The Globe reported on Jan. 7, 2026, that RBC Dominion Securities analyst Sabahat Khan had reaffirmed his "sector perform" recommendation for AutoCanada. The shares could then be had for $24.69.
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