Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Thursday. They currently have a GBX 400 ($5.35) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 12.23% from the stock’s current price.

Several other analysts have also issued reports on AUTO. Liberum Capital restated a “buy” rating and issued a GBX 530 ($7.09) price objective on shares of Auto Trader Group in a research note on Tuesday, November 7th. restated a “buy” rating and issued a GBX 450 ($6.02) price objective on shares of Auto Trader Group in a research note on Thursday, November 9th. Panmure Gordon restated a “buy” rating and issued a GBX 395 ($5.28) price objective on shares of Auto Trader Group in a research note on Thursday, November 9th. Investec restated a “buy” rating and issued a GBX 450 ($6.02) price objective on shares of Auto Trader Group in a research note on Thursday, November 9th. Finally, restated a “buy” rating and issued a GBX 450 ($6.02) price objective on shares of Auto Trader Group in a research note on Thursday, November 9th. Six analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. Auto Trader Group presently has an average rating of “Hold” and an average price target of GBX 416.17 ($5.56).

Auto Trader Group (LON AUTO) opened at GBX 356.40 ($4.77) on Thursday. Auto Trader Group has a 52-week low of GBX 313 ($4.19) and a 52-week high of GBX 445 ($5.95). The company has a market capitalization of $3,400.00 and a P/E ratio of 2,096.47.

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About Auto Trader Group

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 (LON:AUTO)

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