Auto Trader Group plc (LON:AUTO) Stock Has Average Target Price of GBX 562.43 According to Brokerages

Auto Trader Group plc (LON:AUTO) has received an average rating of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 562.43.

Several equities research analysts have recently issued reports on AUTO shares. JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Royal Bank Of Canada cut their price target on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a report on Friday, July 17th. Finally, Jefferies Financial Group upgraded shares of Auto Trader Group to a “buy” rating and increased their price target for the company from GBX 545 to GBX 640 in a research report on Tuesday, September 8th.

Auto Trader Group Stock Performance

Shares of Auto Trader Group stock opened at GBX 461.70 on Wednesday. The business’s fifty day simple moving average is GBX 507.99 and its 200 day simple moving average is GBX 492.27. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 51.83. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 828.80. The firm has a market capitalization of £3.59 billion, a P/E ratio of 13.55, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69.

Insider Transactions at Auto Trader Group

In related news, insider Nathan Coe sold 70,158 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £348,685.26. Also, insider Jamie Warner sold 32,481 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £161,430.57. 3.56% of the stock is owned by insiders.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.