UBS Group Downgrades AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) to Neutral

AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) was downgraded by analysts at UBS Group from a “buy” rating to a “neutral” rating in a research note issued to investors on Monday, The Fly reports.

A number of other research firms have also recently issued reports on ATDRY. Morgan Stanley reaffirmed an “overweight” rating on shares of AUTO TRADER GRP/ADR in a report on Thursday, March 26th. ValuEngine raised AUTO TRADER GRP/ADR from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of AUTO TRADER GRP/ADR in a report on Monday, May 4th. Zacks Investment Research cut AUTO TRADER GRP/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, June 24th. Finally, Barclays reissued an “equal weight” rating on shares of AUTO TRADER GRP/ADR in a report on Friday, June 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $2.00.

AUTO TRADER GRP/ADR stock opened at $1.64 on Monday. The stock has a 50-day simple moving average of $1.65 and a 200 day simple moving average of $1.64. AUTO TRADER GRP/ADR has a 12-month low of $1.00 and a 12-month high of $2.00. The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of 23.43 and a beta of 0.91.

About AUTO TRADER GRP/ADR

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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Analyst Recommendations for AUTO TRADER GRP/ADR (OTCMKTS:ATDRY)

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