Motorpoint Group (LON:MOTR) Receives "Buy" Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed a “Buy” rating on Motorpoint Group and set a GBX 170 price target, implying 30.77% upside from the current GBX 130 price.
• MarketBeat reports a consensus “Buy” rating and GBX 170 price target, while Shore Capital Group also maintained its “house stock” rating.
• Motorpoint reported quarterly earnings of GBX 6.60 per share and revenue of GBX 126.86 billion; insider Keith Mansfield also bought 43,124 shares for approximately £53,905.

Motorpoint Group (LON:MOTR - Get Free Report)'s stock had its "buy" rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday, London Stock Exchange reports. They presently have a GBX 170 price target on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 30.77% from the company's current price.

Separately, Shore Capital Group restated a "house stock" rating on shares of Motorpoint Group in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Motorpoint Group presently has a consensus rating of "Buy" and a consensus price target of GBX 170.

Motorpoint Group Stock Performance

Shares of MOTR opened at GBX 130 on Thursday. The business has a 50-day simple moving average of GBX 124.69 and a two-hundred day simple moving average of GBX 127.38. The company has a quick ratio of 0.12, a current ratio of 1.00 and a debt-to-equity ratio of 856.92. Motorpoint Group has a 52 week low of GBX 111 and a 52 week high of GBX 171. The stock has a market cap of £103.52 million, a price-to-earnings ratio of 19.70 and a beta of 0.82.

Motorpoint Group (LON:MOTR - Get Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. The firm had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%. On average, analysts expect that Motorpoint Group will post 3.5133843 EPS for the current year.

Insider Buying and Selling

In other Motorpoint Group news, insider Keith Mansfield purchased 43,124 shares of the firm's stock in a transaction on Monday, July 27th. The shares were acquired at an average cost of GBX 125 per share, with a total value of £53,905. 22.21% of the stock is currently owned by corporate insiders.

About Motorpoint Group

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.

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