Auto Trader Group (LON:AUTO) Stock Price Passes Above Fifty Day Moving Average - Here's What Happened

Key Points

• Auto Trader's stock crossed above its 50‑day moving average, trading as high as GBX 514.20 and last at GBX 502.62 on volume of 3,315,879 shares (up about 4.3%).
• Multiple analysts have recently cut price targets—JPMorgan to GBX 515 and Citi to GBX 526—leaving a consensus average rating of "Hold" and an average price target of GBX 630.50 (two Buys, one Hold, one Sell).
• The company has a market cap of £4.29bn and a P/E of 15.69, but the stock remains below its 200‑day moving average of GBX 570.94, signaling mixed short‑term momentum versus the longer‑term trend.

Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 484.29 and traded as high as GBX 514.20. Auto Trader Group shares last traded at GBX 502.62, with a volume of 3,315,879 shares.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Auto Trader Group from GBX 630 to GBX 515 and set an "underweight" rating on the stock in a report on Thursday, March 19th. Berenberg Bank decreased their price objective on shares of Auto Trader Group from GBX 830 to GBX 665 and set a "buy" rating for the company in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Auto Trader Group from GBX 850 to GBX 816 and set a "buy" rating on the stock in a research note on Friday, March 27th. Finally, Citigroup reduced their target price on shares of Auto Trader Group from GBX 880 to GBX 526 and set a "neutral" rating on the stock in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of GBX 630.50.

Auto Trader Group Trading Up 4.3%

The firm has a fifty day moving average of GBX 484.29 and a 200 day moving average of GBX 570.94. The firm has a market capitalization of £4.29 billion, a PE ratio of 15.69, a P/E/G ratio of 3.99 and a beta of 0.68. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.50 and a current ratio of 1.77.

Auto Trader Group Company Profile

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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