Motorpoint Group’s (MOTR) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR – Get Free Report)‘s stock had its “buy” rating reissued by Deutsche Bank Aktiengesellschaft in a report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 170 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 21.43% from the stock’s current price.

Separately, Shore Capital Group reiterated 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.com, the company currently has an average rating of “Buy” and an average price target of GBX 170.

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Motorpoint Group Price Performance

Shares of LON:MOTR opened at GBX 140 on Monday. The company has a 50-day simple moving average of GBX 133.20 and a 200-day simple moving average of GBX 128.90. Motorpoint Group has a one year low of GBX 111 and a one year high of GBX 159. The company has a debt-to-equity ratio of 856.92, a quick ratio of 0.12 and a current ratio of 1.00. The stock has a market capitalization of £111.48 million, a price-to-earnings ratio of 21.21 and a beta of 0.83.

Insider Activity

In related news, insider Keith Mansfield bought 43,124 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were acquired at an average price of GBX 125 per share, with a total value of £53,905. Insiders own 22.21% of the company’s stock.

About Motorpoint Group

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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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