Motorpoint Group (LON:MOTR) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a note issued to investors on Monday, MarketBeat reports. They currently have a GBX 170 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 21.00% from the company’s previous close.

Separately, Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 170.

Motorpoint Group Stock Performance

Shares of MOTR stock traded up GBX 0.50 during mid-day trading on Monday, hitting GBX 140.50. 47,505 shares of the stock were exchanged, compared to its average volume of 72,567. The stock’s fifty day simple moving average is GBX 133.49 and its two-hundred day simple moving average is GBX 128.99. The company has a debt-to-equity ratio of 856.92, a quick ratio of 0.12 and a current ratio of 1.00. Motorpoint Group has a 12-month low of GBX 111 and a 12-month high of GBX 159. The stock has a market capitalization of £111.88 million, a price-to-earnings ratio of 21.29 and a beta of 0.83.

Insiders Place Their Bets

In other Motorpoint Group news, insider Keith Mansfield acquired 43,124 shares of the stock in a transaction on Monday, July 27th. The shares were bought at an average cost of GBX 125 per share, with a total value of £53,905. 22.21% of the stock is currently 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.