Auction Technology Group (LON:ATG – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Digital Look reports. They currently have a GBX 815 target price on the stock. Deutsche Bank Aktiengesellschaft‘s price objective indicates a potential upside of 70.08% from the stock’s current price.
Separately, Berenberg Bank upped their price target on Auction Technology Group from GBX 460 to GBX 490 and gave the company a “buy” rating in a research report on Friday, July 24th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 555.
Get Our Latest Stock Report on Auction Technology Group
Auction Technology Group Stock Down 0.8%
ATG traded down GBX 3.80 during midday trading on Friday, hitting GBX 479.20. The company had a trading volume of 4,973,623 shares, compared to its average volume of 3,854,660. The company has a market capitalization of £580.26 million, a price-to-earnings ratio of -3.86 and a beta of 0.69. The stock’s 50 day moving average price is GBX 448.82 and its 200 day moving average price is GBX 420.19. Auction Technology Group has a 52 week low of GBX 259.50 and a 52 week high of GBX 493.80. The company has a quick ratio of 1.36, a current ratio of 0.94 and a debt-to-equity ratio of 32.55.
Auction Technology Group Company Profile
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.
See Also
- Five stocks we like better than Auction Technology Group
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Auction Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auction Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.
