Shares of Auction Technology Group plc (LON:ATG – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 493.20 and last traded at GBX 484.60, with a volume of 1,194 shares changing hands. The stock had previously closed at GBX 482.40.
Analysts Set New Price Targets
Separately, Berenberg Bank lifted their price objective on Auction Technology Group from GBX 460 to GBX 490 and gave the company a “buy” rating in a research note on Friday, July 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 555.
Read Our Latest Stock Report on ATG
Auction Technology Group Stock Down 0.3%
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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