Berenberg Bank restated their hold rating on shares of Auto Trader Group (LON:AUTO - Free Report) in a research report report published on Thursday morning, Marketbeat Ratings reports. The firm currently has a GBX 830 ($11.17) price objective on the stock.
Separately, JPMorgan Chase & Co. reiterated an "underweight" rating and set a GBX 746 ($10.04) price objective on shares of Auto Trader Group in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Auto Trader Group presently has an average rating of "Hold" and an average price target of GBX 864.25 ($11.63).
View Our Latest Stock Analysis on AUTO
Auto Trader Group Price Performance
LON AUTO traded down GBX 10.01 ($0.13) during trading on Thursday, reaching GBX 788.59 ($10.61). The company's stock had a trading volume of 8,154,042 shares, compared to its average volume of 7,395,265. The stock has a market capitalization of £6.96 billion, a PE ratio of 27.95, a P/E/G ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The firm has a fifty day moving average of GBX 814.03 and a 200 day moving average of GBX 798.15. Auto Trader Group has a one year low of GBX 706 ($9.50) and a one year high of GBX 920 ($12.38).
Auto Trader Group (LON:AUTO - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported GBX 31.66 ($0.43) earnings per share for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. Analysts expect that Auto Trader Group will post 32.7973074 EPS for the current fiscal year.
Insider Transactions at Auto Trader Group
In other Auto Trader Group news, insider Nathan Coe sold 2,083,252 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.20), for a total value of £8,041,352.72 ($10,822,816.58). Company insiders own 1.04% of the company's stock.
About Auto Trader Group
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About Auto Trader
Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process.
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