Auto Trader Group plc (LON:AUTO) Stock Has Consensus Price Target of GBX 562.43 According to Brokerages

Key Points

• Auto Trader Group has a consensus “Hold” rating from seven analysts: two sell, three hold and two buy recommendations. The average 12-month price target is GBX 562.43, above the GBX 451.40 opening price cited.
• Analyst views remain mixed: Jefferies upgraded the stock to “buy” and raised its target to GBX 640, while RBC cut its target to GBX 535 and JPMorgan lowered its target to GBX 440 with an “underweight” rating.
• The shares have traded between GBX 418.60 and GBX 828.80 over the past year, with a £3.51 billion market capitalization and a price-to-earnings ratio of 13.25. Two insiders also sold shares at GBX 497 each in July.

Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) have earned an average rating of "Hold" from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 562.43.

A number of analysts have recently issued reports on AUTO shares. Royal Bank Of Canada lowered their price objective on shares of Auto Trader Group from GBX 830 to GBX 535 and set a "sector perform" rating on the stock in a report on Friday, July 17th. Jefferies Financial Group raised shares of Auto Trader Group to a "buy" rating and raised their target price for the company from GBX 545 to GBX 640 in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Auto Trader Group from GBX 445 to GBX 440 and set an "underweight" rating on the stock in a research note on Wednesday, August 5th.

Auto Trader Group Trading Up 0.7%

LON AUTO opened at GBX 451.40 on Wednesday. Auto Trader Group has a 52 week low of GBX 418.60 and a 52 week high of GBX 828.80. The company has a debt-to-equity ratio of 51.83, a quick ratio of 1.50 and a current ratio of 1.73. The stock's 50 day moving average price is GBX 509.78 and its two-hundred day moving average price is GBX 492.97. The stock has a market capitalization of £3.51 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 3.99 and a beta of 0.69.

Insider Activity

In other news, insider Jamie Warner sold 32,481 shares of the firm's stock in a transaction dated Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £161,430.57. Also, insider Nathan Coe sold 70,158 shares of Auto Trader Group stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £348,685.26. 3.56% of the stock is owned by company insiders.

Auto Trader Group Company Profile

Autotrader Group plc is the UK's largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index. Autotrader's purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.

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