Auto Trader Group (LON:AUTO) Receives Hold Rating from Peel Hunt
Peel Hunt reaffirmed their hold rating on shares of Auto Trader Group (LON:AUTO) in a research note released on Thursday, Digital Look reports. The brokerage currently has a GBX 570 ($7.45) price objective on the stock.
AUTO has been the topic of a number of other reports. UBS Group reaffirmed a sell rating on shares of Auto Trader Group in a research note on Tuesday, October 29th. JPMorgan Chase & Co. upped their price target on shares of Auto Trader Group from GBX 414 ($5.41) to GBX 444 ($5.80) and gave the stock an underweight rating in a research note on Friday, November 1st. Liberum Capital reaffirmed a buy rating on shares of Auto Trader Group in a research note on Thursday. HSBC upped their price target on shares of Auto Trader Group from GBX 465 ($6.08) to GBX 535 ($6.99) and gave the stock a hold rating in a research note on Tuesday, October 29th. Finally, Peel Hunt reaffirmed a hold rating and issued a GBX 570 ($7.45) price target on shares of Auto Trader Group in a research note on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. Auto Trader Group currently has a consensus rating of Hold and a consensus target price of GBX 547.71 ($7.16).
Shares of LON AUTO traded down GBX 12.80 ($0.17) during mid-day trading on Thursday, reaching GBX 534.20 ($6.98). The company had a trading volume of 2,725,685 shares, compared to its average volume of 5,830,000. Auto Trader Group has a twelve month low of GBX 411.70 ($5.38) and a twelve month high of GBX 606.80 ($7.93). 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 stock has a market capitalization of $5.06 billion and a PE ratio of 25.56. The stock’s 50 day moving average is GBX 528.44 and its 200-day moving average is GBX 548.29.
About Auto Trader Group
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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