Auction Technology Group (LON:ATG – Get Free Report)‘s stock had its “buy” rating reiterated by Deutsche Bank Aktiengesellschaft in a report released on Friday, Digital Look reports. They presently have a GBX 815 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price objective indicates a potential upside of 70.08% from the company’s current price.
Separately, Berenberg Bank raised their price objective on shares of Auction Technology Group from GBX 460 to GBX 490 and gave the company a “buy” rating in a report on Friday, July 24th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 555.
Get Our Latest Analysis on ATG
Auction Technology Group Trading Down 0.8%
Shares of ATG traded down GBX 3.80 during midday trading on Friday, hitting GBX 479.20. 4,973,623 shares of the stock were exchanged, compared to its average volume of 3,854,660. The company has a debt-to-equity ratio of 32.55, a quick ratio of 1.36 and a current ratio of 0.94. The firm has a market cap of £580.26 million, a P/E ratio of -3.86 and a beta of 0.69. Auction Technology Group has a 52-week low of GBX 259.50 and a 52-week high of GBX 493.80. The stock has a fifty day simple moving average of GBX 449.52 and a 200 day simple moving average of GBX 421.20.
About Auction Technology Group
Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).
The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.
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