Motorpoint Group (LON:MOTR) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Motorpoint Group (LON:MOTR) in a research report report published on Monday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 170 target price on the stock.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Motorpoint Group in a research report on Friday. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 170.

Motorpoint Group Price Performance

LON:MOTR opened at GBX 139 on Monday. The company has a quick ratio of 0.12, a current ratio of 1.00 and a debt-to-equity ratio of 856.92. Motorpoint Group has a 52 week low of GBX 111 and a 52 week high of GBX 161. The stock’s 50-day moving average price is GBX 132.12 and its 200-day moving average price is GBX 128.43. The stock has a market capitalization of £110.69 million, a PE ratio of 21.06 and a beta of 0.83.

Insider Activity

In related news, insider Keith Mansfield purchased 43,124 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were purchased at an average price of GBX 125 per share, with a total value of £53,905. 22.21% of the stock is owned by company insiders.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.