Motorpoint Group (LON:MOTR – Get Free Report)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Monday, Marketbeat reports. They presently have a GBX 170 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 21.00% from the company’s previous close.
Separately, Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a research note on Friday, October 9th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, Motorpoint Group has a consensus rating of “Buy” and a consensus target price of GBX 170.
Get Our Latest Research Report on MOTR
Motorpoint Group Price Performance
Shares of Motorpoint Group stock traded up GBX 0.50 during trading on Monday, hitting GBX 140.50. 47,505 shares of the company were exchanged, compared to its average volume of 72,567. Motorpoint Group has a fifty-two week low of GBX 111 and a fifty-two week high of GBX 159. The company has a quick ratio of 0.12, a current ratio of 1.00 and a debt-to-equity ratio of 856.92. The firm has a 50 day moving average price of GBX 133.49 and a 200 day moving average price of GBX 128.99. The stock has a market capitalization of £111.88 million, a price-to-earnings ratio of 21.29 and a beta of 0.83.
Insider Activity at Motorpoint Group
In other news, insider Keith Mansfield bought 43,124 shares of Motorpoint Group stock in a transaction dated Monday, July 27th. The shares were acquired at an average cost of GBX 125 per share, with a total value of £53,905. Insiders own 22.21% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Motorpoint Group
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Motorpoint Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorpoint Group and related companies with MarketBeat.com's FREE daily email newsletter.
