Auto Trader Group’s (AUTO) Hold Rating Reiterated at Jefferies Financial Group
Jefferies Financial Group restated their hold rating on shares of Auto Trader Group (LON:AUTO) in a report published on Friday morning, Stock Target Advisor reports.
A number of other equities analysts have also issued reports on AUTO. Deutsche Bank upgraded shares of Auto Trader Group to a buy rating and increased their target price for the company from GBX 565 ($6.95) to GBX 680 ($8.37) in a research report on Tuesday, June 2nd. Goldman Sachs Group decreased their target price on shares of Auto Trader Group from GBX 653 ($8.04) to GBX 557 ($6.85) and set a buy rating for the company in a research report on Wednesday, April 1st. Peel Hunt reiterated a buy rating on shares of Auto Trader Group in a research report on Thursday, June 25th. JPMorgan Chase & Co. decreased their target price on shares of Auto Trader Group from GBX 368 ($4.53) to GBX 348 ($4.28) and set an underweight rating for the company in a research report on Monday, May 4th. Finally, Barclays increased their target price on shares of Auto Trader Group from GBX 440 ($5.41) to GBX 490 ($6.03) and gave the company an equal weight rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. Auto Trader Group has a consensus rating of Hold and an average target price of GBX 526.07 ($6.47).
Shares of AUTO opened at GBX 535 ($6.58) on Friday. The firm has a 50-day moving average price of GBX 531.25 and a 200 day moving average price of GBX 518.56. The firm has a market capitalization of $5.28 billion and a PE ratio of 23.90. The company has a quick ratio of 1.94, a current ratio of 2.01 and a debt-to-equity ratio of 351.73. Auto Trader Group has a 52-week low of GBX 308.60 ($3.80) and a 52-week high of GBX 747 ($9.19).
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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