Auto Trader Group plc (LON:AUTO) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Auto Trader Group has an average “Hold” rating among seven analysts: two recommend selling, three advise holding and two recommend buying.
• The average 12-month price target is GBX 562.43, with recent changes including RBC cutting its target to GBX 535, JPMorgan setting GBX 440, and Jefferies upgrading the stock to “Buy” with a GBX 640 target.
• Shares opened at GBX 542.20, giving the company a market capitalization of approximately £4.16 billion; the stock has traded between GBX 418.60 and GBX 828.80 over the past year.

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

A number of research firms have commented on AUTO. JPMorgan Chase & Co. dropped their price objective 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. Royal Bank Of Canada reduced their target price on shares of Auto Trader Group from GBX 830 to GBX 535 and set a "sector perform" rating for the company in a report on Friday, July 17th. Finally, Jefferies Financial Group upgraded shares of Auto Trader Group to a "buy" rating and increased their target price for the stock from GBX 545 to GBX 640 in a research note on Tuesday, September 8th.

Auto Trader Group Stock Down 0.0%

AUTO stock opened at GBX 542.20 on Friday. The company has a market cap of £4.16 billion, a price-to-earnings ratio of 15.91, a price-to-earnings-growth ratio of 3.99 and a beta of 0.72. The company has a fifty day moving average price of GBX 503.21 and a 200 day moving average price of GBX 496.28. The company has a debt-to-equity ratio of 51.83, a current ratio of 1.73 and a quick ratio of 1.50. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 828.80.

About Auto Trader Group

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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