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

Motorpoint Group (LON:MOTR)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Monday, Marketbeat.com reports. They currently have a GBX 170 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 21.00% from the stock’s current price.

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Motorpoint Group in a report on Friday, October 9th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 170.

Motorpoint Group Trading Up 0.4%

Shares of Motorpoint Group stock opened at GBX 140.50 on Monday. The company has a market cap of £111.88 million, a price-to-earnings ratio of 21.29 and a beta of 0.83. Motorpoint Group has a 1 year low of GBX 111 and a 1 year high of GBX 159. The company’s fifty day simple moving average is GBX 133.49 and its 200-day simple moving average is GBX 128.99. The company has a current ratio of 1.00, a quick ratio of 0.12 and a debt-to-equity ratio of 856.92.

Insider Activity at Motorpoint Group

In related news, insider Keith Mansfield bought 43,124 shares of the company’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 currently owned by corporate insiders.

Motorpoint Group Company Profile

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.