Auto Trader Group’s (AUTO) “Add” Rating Reiterated at Peel Hunt
Peel Hunt reiterated their add rating on shares of Auto Trader Group (LON:AUTO) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also commented on AUTO. UBS Group increased their price objective on shares of Auto Trader Group from GBX 445 ($5.81) to GBX 510 ($6.66) and gave the company a buy rating in a research note on Tuesday, February 5th. HSBC initiated coverage on shares of Auto Trader Group in a research note on Tuesday, February 12th. They issued a hold rating and a GBX 465 ($6.08) price objective for the company. JPMorgan Chase & Co. increased their price objective on shares of Auto Trader Group from GBX 326 ($4.26) to GBX 386 ($5.04) and gave the company an underweight rating in a research note on Wednesday, April 3rd. Liberum Capital increased their price objective on shares of Auto Trader Group from GBX 470 ($6.14) to GBX 620 ($8.10) and gave the company a buy rating in a research note on Wednesday, April 17th. Finally, Shore Capital reiterated a hold rating on shares of Auto Trader Group in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. Auto Trader Group presently has an average rating of Hold and an average target price of GBX 489.55 ($6.40).
LON:AUTO opened at GBX 580.80 ($7.59) on Monday. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 1,669.31. The stock has a market capitalization of $5.35 billion and a price-to-earnings ratio of 30.89. Auto Trader Group has a 52 week low of GBX 351.50 ($4.59) and a 52 week high of GBX 601.40 ($7.86).
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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