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

Motorpoint Group (LON:MOTR – Get Free Report)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Monday, Marketbeat Ratings reports. They currently have a GBX 170 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 21.43% from the company’s previous close.

Separately, Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a report on Friday, October 9th. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, Motorpoint Group currently has an average rating of “Buy” and a consensus price target of GBX 170.

Check Out Our Latest Research Report on MOTR

Motorpoint Group Price Performance

Shares of LON:MOTR remained flat at GBX 140 during midday trading on Monday. 50,897 shares of the stock traded hands, compared to its average volume of 72,509. The stock has a market cap of £111.48 million, a PE ratio of 21.21 and a beta of 0.83. The stock’s 50 day simple moving average is GBX 132.88 and its 200 day simple moving average is GBX 128.73. The company has a debt-to-equity ratio of 856.92, a current ratio of 1.00 and a quick ratio of 0.12. Motorpoint Group has a 52-week low of GBX 111 and a 52-week high of GBX 159.

Insider Buying and Selling

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

About Motorpoint Group

(Get Free Report)

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.

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