Numis Securities Ltd restated their buy rating on shares of Auto Trader Group PLC (LON:AUTO) in a report released on Monday morning. Numis Securities Ltd currently has a GBX 520 ($6.84) price target on the stock.

Several other research firms have also recently commented on AUTO. Barclays PLC reissued an overweight rating and set a GBX 465 ($6.12) price target on shares of Auto Trader Group PLC in a research note on Thursday, September 28th. Deutsche Bank AG reissued a hold rating on shares of Auto Trader Group PLC in a research note on Wednesday, October 11th. Credit Suisse Group decreased their price target on shares of Auto Trader Group PLC from GBX 360 ($4.73) to GBX 330 ($4.34) and set an underperform rating on the stock in a research note on Friday, October 27th. Shore Capital reissued a hold rating on shares of Auto Trader Group PLC in a research note on Friday, November 3rd. Finally, Liberum Capital reissued a buy rating and set a GBX 530 ($6.97) price target on shares of Auto Trader Group PLC in a research note on Tuesday, November 7th. Six research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Auto Trader Group PLC presently has a consensus rating of Hold and a consensus price target of GBX 428.31 ($5.63).

Auto Trader Group PLC (LON:AUTO) traded down GBX 1 ($0.01) during midday trading on Monday, hitting GBX 320.50 ($4.22). 4,366,334 shares of the stock traded hands, compared to its average volume of 4,620,000. Auto Trader Group PLC has a 12 month low of GBX 321.10 ($4.22) and a 12 month high of GBX 445 ($5.85).

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The firm also recently disclosed a dividend, which will be paid on Friday, January 26th. Shareholders of record on Thursday, January 4th will be paid a GBX 1.90 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 4th. This represents a yield of 0.57%.

Auto Trader Group PLC Company Profile

Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company’s Websites, and also includes revenue derived from third-party services directed at consumers relating to their motoring needs, such as insurance and loan finance, and Display advertising, which consists of revenue from customers and advertising agencies for placing display advertising on the Company’s Websites.

Analyst Recommendations for Auto Trader Group PLC (LON:AUTO)

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