Auto Trader Group (LON:AUTO)‘s stock had its “sell” rating reissued by stock analysts at UBS Group in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Several other research firms have also commented on AUTO. Royal Bank of Canada lifted their price target on shares of Auto Trader Group from GBX 485 ($6.34) to GBX 530 ($6.93) and gave the company a “sector performer” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Auto Trader Group from GBX 414 ($5.41) to GBX 444 ($5.80) and gave the company an “underweight” rating in a report on Friday, November 1st. Peel Hunt reaffirmed a “hold” rating and issued a GBX 570 ($7.45) price target on shares of Auto Trader Group in a report on Thursday. Deutsche Bank reaffirmed a “hold” rating on shares of Auto Trader Group in a report on Friday. Finally, Shore Capital reaffirmed a “hold” rating on shares of Auto Trader Group in a report on Monday. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 547.71 ($7.16).
LON AUTO opened at GBX 540.40 ($7.06) on Friday. Auto Trader Group has a one year low of GBX 411.70 ($5.38) and a one year high of GBX 606.80 ($7.93). The company has a 50-day simple moving average of GBX 528.12 and a 200-day simple moving average of GBX 548.34. The company has a debt-to-equity ratio of 553.22, a quick ratio of 0.89 and a current ratio of 0.94. The firm has a market capitalization of $5.06 billion and a PE ratio of 25.86.
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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