01:35 PM EDT, 03/21/2025 (MT Newswires) -- AutoCanada ( AOCIF ) indicated vehicle demand has cooled so far in 2025, which is not surprising given the current tariff uncertainty, notes BMO. Analyst Tamy Chen has lowered her vehicle sales volume assumption.

Management reiterated confidence in achieving the $100 million cost reduction target by end of 2025E. AutoCanada ( AOCIF ) is trading at 6x BMO's revised 2026E EBITDA, at the low end of its historical 6-8x range.

Target raised to $20 (from $18), 6.5x revised 2026E EBITDA. "The cost turnaround story is intriguing but there is significant macro uncertainty at this time."

Maintain Market rating.

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