Motorpoint Group’s (MOTR) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their house stock rating on shares of Motorpoint Group (LON:MOTR) in a research report report published on Wednesday morning,Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating on the stock in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Stock Up 1.5%

Motorpoint Group stock opened at GBX 132 on Wednesday. The firm has a 50 day simple moving average of GBX 124.91 and a 200 day simple moving average of GBX 127.40. The company has a current ratio of 1.00, a quick ratio of 0.12 and a debt-to-equity ratio of 856.92. Motorpoint Group has a 1-year low of GBX 111 and a 1-year high of GBX 171. The firm has a market capitalization of £105.11 million, a price-to-earnings ratio of 20.00 and a beta of 0.82.

Motorpoint Group (LON:MOTR) last issued its quarterly earnings data on Wednesday, June 10th. The company reported GBX 6.60 earnings per share (EPS) for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%.The business had revenue of GBX 126.86 billion for the quarter. On average, analysts predict that Motorpoint Group will post 3.5133843 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Keith Mansfield bought 43,124 shares of the company’s stock in a transaction on Monday, July 27th. The stock was acquired at an average cost of GBX 125 per share, for a total transaction of £53,905. 22.21% of the stock is owned by corporate 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.