UBS Group upgraded shares of Auto Trader Group (LON:AUTO) to a neutral rating in a report published on Tuesday morning, Stock Target Advisor reports. UBS Group currently has GBX 560 ($7.32) target price on the stock, up from their prior target price of GBX 510 ($6.66).
Several other equities analysts have also issued reports on the company. Peel Hunt reissued a hold rating and issued a GBX 570 ($7.45) price target on shares of Auto Trader Group in a research note on Thursday, November 7th. Liberum Capital reaffirmed a buy rating on shares of Auto Trader Group in a research note on Thursday, November 7th. Goldman Sachs Group dropped their price objective on shares of Auto Trader Group from GBX 609 ($7.96) to GBX 604 ($7.89) and set a neutral rating on the stock in a report on Friday, November 22nd. Royal Bank of Canada increased their price objective on shares of Auto Trader Group from GBX 485 ($6.34) to GBX 530 ($6.93) and gave the stock a sector performer rating in a research report on Friday, November 8th. Finally, Peel Hunt restated a hold rating and issued a GBX 570 ($7.45) target price on shares of Auto Trader Group in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. Auto Trader Group has a consensus rating of Hold and an average target price of GBX 550.93 ($7.20).
Shares of Auto Trader Group stock opened at GBX 555.60 ($7.26) on Tuesday. Auto Trader Group has a one year low of GBX 412.60 ($5.39) and a one year high of GBX 606.80 ($7.93). The company has a debt-to-equity ratio of 351.73, a current ratio of 2.01 and a quick ratio of 1.94. The stock’s 50-day moving average is GBX 547.61 and its 200 day moving average is GBX 545.36. The firm has a market cap of $5.13 billion and a price-to-earnings ratio of 24.91.
The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd will be issued a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, January 2nd. Auto Trader Group’s dividend payout ratio is currently 0.31%.
Auto Trader Group Company Profile
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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