Auto Trader Group (LON:AUTO) Earns “Buy” Rating from Jefferies Financial Group

Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 640 price target on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 15.23% from the stock’s previous close.

AUTO has been the subject of several other research reports. Royal Bank Of Canada reduced their price target on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating for the company in a report on Friday, July 17th. JPMorgan Chase & Co. dropped their price objective on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 559.29.

Auto Trader Group Stock Performance

Shares of AUTO stock opened at GBX 555.40 on Thursday. The company has a market cap of £4.22 billion, a P/E ratio of 16.30, a PEG ratio of 3.99 and a beta of 0.72. The business has a 50 day moving average of GBX 504.85 and a two-hundred day moving average of GBX 497.39. Auto Trader Group has a 52 week low of GBX 418.60 and a 52 week high of GBX 798.20. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 51.83.

Auto Trader Group (LON:AUTO) last announced its quarterly earnings results on Thursday, November 5th. The company reported GBX 18.10 earnings per share for the quarter. The business had revenue of £313.40 million for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. As a group, analysts anticipate that Auto Trader Group will post 32.80 EPS for the current year.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.