Motorpoint Group (LON:MOTR) Receives "House Stock" Rating from Shore Capital Group

Key Points

• Shore Capital Group reiterated its “house stock” rating on Motorpoint Group, while Deutsche Bank lowered its price target from GBX 180 to GBX 170 but maintained a “buy” rating. The consensus rating remains “Buy,” with a GBX 170 price target.
• Motorpoint shares opened at GBX 138, compared with a 12-month range of GBX 111 to GBX 171. The company has a market capitalization of approximately £109.9 million and significant debt relative to equity.
• Insider Keith Mansfield purchased 43,124 shares at GBX 125 each, worth about £53,905. Company insiders collectively own 22.21% of Motorpoint’s stock.

Motorpoint Group (LON:MOTR - Get Free Report)'s stock had its "house stock" rating restated by equities research analysts at Shore Capital Group in a note issued to investors on Wednesday, Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Motorpoint Group from GBX 180 to GBX 170 and set a "buy" rating on the stock in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of GBX 170.

Motorpoint Group Price Performance

MOTR stock opened at GBX 138 on Wednesday. The firm has a 50 day moving average of GBX 124.59 and a 200-day moving average of GBX 127.41. The firm has a market capitalization of £109.89 million, a P/E ratio of 20.91 and a beta of 0.82. Motorpoint Group has a 12 month low of GBX 111 and a 12 month high of GBX 171. The company has a current ratio of 1.00, a quick ratio of 0.12 and a debt-to-equity ratio of 856.92.

Motorpoint Group (LON:MOTR - Get Free Report) last posted its earnings results on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. The business had revenue of GBX 126.86 billion for the quarter. As a group, sell-side analysts predict that Motorpoint Group will post 3.5133843 earnings per share for the current fiscal year.

Insider Activity at Motorpoint Group

In other news, insider Keith Mansfield acquired 43,124 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The shares were bought at an average cost of GBX 125 per share, with a total value of £53,905. Company insiders own 22.21% of the company's stock.

Motorpoint Group Company Profile

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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