Peel Hunt Reiterates “Add” Rating for Auto Trader Group (LON:AUTO)
Auto Trader Group (LON:AUTO)‘s stock had its “add” rating reiterated by research analysts at Peel Hunt in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Auto Trader Group from GBX 452 ($5.95) to GBX 494 ($6.50) and gave the company an “underweight” rating in a report on Wednesday, January 22nd. Barclays increased their price target on shares of Auto Trader Group from GBX 490 ($6.45) to GBX 500 ($6.58) and gave the company an “equal weight” rating in a report on Thursday, January 30th. Liberum Capital reiterated a “buy” rating on shares of Auto Trader Group in a report on Tuesday, January 14th. HSBC upgraded shares of Auto Trader Group to a “buy” rating and increased their price target for the company from GBX 535 ($7.04) to GBX 675 ($8.88) in a report on Friday, December 13th. Finally, UBS Group upgraded shares of Auto Trader Group to a “neutral” rating and increased their price target for the company from GBX 510 ($6.71) to GBX 560 ($7.37) in a report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 572.56 ($7.53).
Shares of LON:AUTO traded down GBX 50.30 ($0.66) during trading on Thursday, reaching GBX 377.20 ($4.96). 9,393,379 shares of the stock traded hands, compared to its average volume of 5,830,000. The stock has a 50-day moving average of GBX 526.50 and a two-hundred day moving average of GBX 544.41. Auto Trader Group has a 52-week low of GBX 426.30 ($5.61) and a 52-week high of GBX 747 ($9.83). The company has a debt-to-equity ratio of 351.73, a quick ratio of 1.94 and a current ratio of 2.01. The stock has a market cap of $2.84 billion and a P/E ratio of 16.91.
Auto Trader Group Company Profile
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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