Auto Trader Group (LON:AUTO – Get Free Report) was upgraded by Berenberg Bank to a “buy” rating in a research note issued to investors on Monday, Digital Look reports. The firm currently has a GBX 660 price objective on the stock, up from their previous price objective of GBX 510. Berenberg Bank‘s target price would suggest a potential upside of 16.77% from the stock’s previous close.
AUTO has been the topic of several other reports. Royal Bank Of Canada decreased 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 report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 794 price objective on shares of Auto Trader Group in a research report on Friday. Jefferies Financial Group restated a “buy” rating and set a GBX 640 target price on shares of Auto Trader Group in a research note on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Auto Trader Group has an average rating of “Hold” and an average target price of GBX 580.71.
View Our Latest Research Report on AUTO
Auto Trader Group Stock Performance
Shares of LON AUTO opened at GBX 565.20 on Monday. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 166.53. The company has a market capitalization of £4.30 billion, a P/E ratio of 16.59, a P/E/G ratio of 3.99 and a beta of 0.72. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 762.80. The stock has a 50 day moving average of GBX 504.85 and a 200-day moving average of GBX 497.39.
Auto Trader Group (LON:AUTO – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported GBX 18.10 earnings per share for the quarter. Auto Trader Group had a return on equity of 92.90% and a net margin of 47.08%. The business had revenue of £313.40 million for the quarter. As a group, equities research analysts predict that Auto Trader Group will post 32.80 EPS for the current year.
Auto Trader Group Company Profile
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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