Auto Trader Group (LON:AUTO) Stock Rating Reaffirmed by Peel Hunt

Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently weighed in on AUTO. Liberum Capital reiterated a “buy” rating on shares of Auto Trader Group in a research report on Wednesday, April 1st. Goldman Sachs Group reduced their price objective on Auto Trader Group from GBX 653 ($8.31) to GBX 557 ($7.09) and set a “buy” rating for the company in a research note on Wednesday, April 1st. Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a research report on Thursday, June 18th. Morgan Stanley cut their price target on Auto Trader Group from GBX 600 ($7.64) to GBX 570 ($7.25) and set an “overweight” rating for the company in a report on Monday, May 25th. Finally, Barclays raised their price objective on Auto Trader Group from GBX 420 ($5.35) to GBX 440 ($5.60) and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. Auto Trader Group has an average rating of “Hold” and a consensus price target of GBX 525.77 ($6.69).

LON AUTO opened at GBX 533 ($6.78) on Thursday. The company has a 50-day moving average price of GBX 528.06 and a 200-day moving average price of GBX 518.98. Auto Trader Group has a 52 week low of GBX 308.60 ($3.93) and a 52 week high of GBX 747 ($9.51). The company has a quick ratio of 1.94, a current ratio of 2.01 and a debt-to-equity ratio of 351.73. The firm has a market capitalization of $5.28 billion and a P/E ratio of 23.90.

Auto Trader Group Company Profile

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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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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