Auto Trader Group (LON:AUTO) Receives Underweight Rating from JPMorgan Chase & Co.

Auto Trader Group (LON:AUTO)‘s stock had its “underweight” rating reiterated by analysts at JPMorgan Chase & Co. in a report issued on Tuesday,Digital Look reports.

Several other equities research analysts have also recently commented on AUTO. Berenberg Bank cut their target price on Auto Trader Group from GBX 880 ($11.10) to GBX 830 ($10.47) and set a “hold” rating on the stock in a research note on Thursday, November 7th. Shore Capital cut Auto Trader Group to a “sell” rating in a research note on Thursday, November 7th. Finally, Citigroup boosted their target price on Auto Trader Group from GBX 881 ($11.12) to GBX 946 ($11.94) and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 864.25 ($10.90).

Auto Trader Group Stock Down 0.6 %

Shares of AUTO traded down GBX 4.42 ($0.06) on Tuesday, hitting GBX 780.98 ($9.85). The company’s stock had a trading volume of 2,092,935 shares, compared to its average volume of 8,004,484. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. The firm’s fifty day moving average price is GBX 790.14 and its 200-day moving average price is GBX 824.06. Auto Trader Group has a fifty-two week low of GBX 666 ($8.40) and a fifty-two week high of GBX 899 ($11.34). The firm has a market capitalization of £6.90 billion, a price-to-earnings ratio of 27.68, a P/E/G ratio of 3.99 and a beta of 0.78.

About Auto Trader Group

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.