B. Riley restated their buy rating on shares of Cars.com (NYSE:CARS) in a research report report published on Tuesday morning. B. Riley currently has a $32.00 target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. Barrington Research lifted their price target on shares of Cars.com from $40.00 to $45.00 and gave the stock an outperform rating in a report on Monday, November 6th. Zacks Investment Research cut shares of Cars.com from a hold rating to a strong sell rating in a report on Monday, November 13th.

Cars.com (NYSE CARS) opened at $29.23 on Tuesday. Cars.com has a 1 year low of $19.90 and a 1 year high of $30.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.43 and a current ratio of 1.43.

Several large investors have recently bought and sold shares of CARS. 683 Capital Management LLC grew its stake in Cars.com by 190.1% in the 3rd quarter. 683 Capital Management LLC now owns 750,000 shares of the company’s stock valued at $19,958,000 after buying an additional 491,449 shares in the last quarter. Luzich Partners LLC purchased a new position in Cars.com in the 3rd quarter valued at approximately $2,661,000. Rubric Capital Management LP purchased a new position in Cars.com in the 3rd quarter valued at approximately $5,341,000. Eii Capital Management Inc. purchased a new position in Cars.com in the 3rd quarter valued at approximately $1,787,000. Finally, Janney Montgomery Scott LLC purchased a new position in Cars.com in the 3rd quarter valued at approximately $489,000.

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About Cars.com

Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.

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