Auto Trader Group PLC’s (AUTO) “Buy” Rating Reaffirmed at Numis Securities Ltd
Auto Trader Group PLC (LON:AUTO)‘s stock had its “buy” rating restated by equities research analysts at Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 495 ($6.46) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 21.92% from the company’s current price.
Several other equities analysts have also commented on AUTO. BNP Paribas increased their price objective on shares of Auto Trader Group PLC from GBX 420 ($5.48) to GBX 470 ($6.13) and gave the company an “outperform” rating in a research report on Wednesday, June 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 406 ($5.30) price objective on shares of Auto Trader Group PLC in a research report on Monday, June 27th. Panmure Gordon assumed coverage on shares of Auto Trader Group PLC in a research report on Thursday, July 7th. They issued a “buy” rating and a GBX 417 ($5.44) price objective for the company. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 400 ($5.22) price objective on shares of Auto Trader Group PLC in a research report on Tuesday, September 13th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 445 ($5.81) price objective on shares of Auto Trader Group PLC in a research report on Thursday, June 9th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Auto Trader Group PLC currently has an average rating of “Buy” and a consensus target price of GBX 432.92 ($5.65).
Auto Trader Group PLC (LON:AUTO) opened at 405.40 on Tuesday. Auto Trader Group PLC has a 12-month low of GBX 307.80 and a 12-month high of GBX 455.00. The stock’s market cap is GBX 4.05 billion. The stock has a 50 day moving average of GBX 388.43 and a 200 day moving average of GBX 379.79.
In other news, insider Keens,David W acquired 25,000 shares of the company’s stock in a transaction dated Friday, June 24th. The shares were acquired at an average price of GBX 358 ($4.67) per share, with a total value of £89,500 ($116,825.48).
Auto Trader Group PLC Company Profile
Auto Trader Group plc is a United Kingdom-based digital automotive company. The Company is engaged in the business of buying and selling vehicles. The Company also has operations in Ireland.
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