Auto Trader Group plc (LON:AUTO) Receives GBX 549.50 Consensus Price Target from Brokerages

Auto Trader Group plc (LON:AUTOGet Free Report) has earned an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 562.43.

AUTO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a research note on Wednesday, August 5th. UBS Group reissued a “sell” rating and issued a GBX 470 price target on shares of Auto Trader Group in a research note on Monday, May 18th. Jefferies Financial Group raised shares of Auto Trader Group to a “buy” rating and increased their price target for the stock from GBX 545 to GBX 640 in a report on Tuesday. Royal Bank Of Canada lowered their price objective on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research report on Friday, July 17th. Finally, Berenberg Bank dropped their price objective on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday, May 26th.

View Our Latest Analysis on Auto Trader Group

Insider Transactions at Auto Trader Group

In related news, insider Jamie Warner sold 32,481 shares of Auto Trader Group stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £161,430.57. Also, insider Nathan Coe sold 70,158 shares of the business’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total transaction of £348,685.26. Company insiders own 3.56% of the company’s stock.

Auto Trader Group Trading Up 0.9%

Shares of AUTO stock opened at GBX 489.40 on Friday. The company’s fifty day simple moving average is GBX 515.16 and its two-hundred day simple moving average is GBX 493.03. The company has a debt-to-equity ratio of 51.83, a current ratio of 1.73 and a quick ratio of 1.50. Auto Trader Group has a 1 year low of GBX 418.60 and a 1 year high of GBX 828.80. The stock has a market capitalization of £3.80 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 3.99 and a beta of 0.69.

Auto Trader Group Company Profile

(Get Free Report)

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.

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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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