Auction Technology Group (LON:ATG) Stock Keeps “Buy” Rating at Deutsche Bank Aktiengesellschaft

Auction Technology Group (LON:ATG)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Digital Look reports. They presently have a GBX 815 price target on the stock. Deutsche Bank Aktiengesellschaft‘s target price indicates a potential upside of 70.08% from the company’s previous close.

Separately, Berenberg Bank lifted their price target on shares of Auction Technology Group from GBX 460 to GBX 490 and gave the stock a “buy” rating in a report on Friday, July 24th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 555.

Auction Technology Group Price Performance

ATG opened at GBX 479.20 on Friday. The company has a debt-to-equity ratio of 32.55, a current ratio of 0.94 and a quick ratio of 1.36. Auction Technology Group has a 1 year low of GBX 259.50 and a 1 year high of GBX 493.80. The firm has a market cap of £580.26 million, a price-to-earnings ratio of -3.86 and a beta of 0.69. The stock’s 50 day simple moving average is GBX 449.52 and its 200 day simple moving average is GBX 420.60.

Auction Technology Group Company Profile

Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.