Auto Trader Group plc (LON:AUTO) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Auto Trader Group plc (LON:AUTO) have been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 562.43.

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

Auto Trader Group Price Performance

AUTO opened at GBX 540 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.73 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 company has a fifty day simple moving average of GBX 503.78 and a 200 day simple moving average of GBX 497.87. The stock has a market cap of £4.15 billion, a P/E ratio of 15.85, a P/E/G ratio of 3.99 and a beta of 0.72.

Auto Trader Group Company Profile

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.