Auction Technology Group (LON:ATG - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 815 target price on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 70.36% from the company's current price.
Separately, Berenberg Bank increased their target price on shares of Auction Technology Group from GBX 460 to GBX 490 and gave the company a "buy" rating in a research note 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 data from MarketBeat, Auction Technology Group currently has a consensus rating of "Moderate Buy" and an average target price of GBX 555.
Read Our Latest Stock Report on ATG
Auction Technology Group Stock Performance
Shares of LON:ATG traded down GBX 4.60 on Friday, hitting GBX 478.40. 137,264 shares of the company were exchanged, compared to its average volume of 3,831,182. The company's 50 day moving average price is GBX 448.82 and its two-hundred day moving average price is GBX 420.19. Auction Technology Group has a one year low of GBX 259.50 and a one year high of GBX 493.80. The company has a debt-to-equity ratio of 32.55, a quick ratio of 1.36 and a current ratio of 0.94. The firm has a market capitalization of £579.29 million, a price-to-earnings ratio of -3.85 and a beta of 0.69.
About Auction Technology Group
(
Get Free Report)
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.
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