Auto Trader Group (AUTO) Earns Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of Auto Trader Group (LON:AUTO) in a report released on Monday. The brokerage currently has a GBX 480 ($6.51) price target on the stock.

A number of other equities analysts have also recently weighed in on the stock. Peel Hunt reissued a buy rating and issued a GBX 400 ($5.42) price objective on shares of Auto Trader Group in a research report on Thursday, January 4th. Deutsche Bank decreased their price objective on shares of Auto Trader Group from GBX 390 ($5.29) to GBX 370 ($5.02) and set a hold rating for the company in a research report on Monday, December 4th. Jefferies Group decreased their price objective on shares of Auto Trader Group from GBX 520 ($7.05) to GBX 360 ($4.88) and set a buy rating for the company in a research report on Monday, November 27th. Macquarie reissued an underperform rating and issued a GBX 295 ($4.00) price objective on shares of Auto Trader Group in a research report on Thursday, November 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Auto Trader Group from GBX 353 ($4.79) to GBX 323 ($4.38) and set an underweight rating for the company in a research report on Friday, November 17th. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 408.31 ($5.54).

Auto Trader Group (LON AUTO) opened at GBX 355 ($4.81) on Monday. The firm has a market cap of $3,400.00 and a PE ratio of 2,088.24. Auto Trader Group has a 12-month low of GBX 313 ($4.24) and a 12-month high of GBX 445 ($6.03).

The business also recently declared a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, January 4th will be given a dividend of GBX 1.90 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 4th. This represents a dividend yield of 0.57%.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://ledgergazette.com/2018/01/18/auto-trader-group-auto-earns-buy-rating-from-liberum-capital.html.

Auto Trader Group Company Profile

Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company’s Websites, and also includes revenue derived from third-party services directed at consumers relating to their motoring needs, such as insurance and loan finance, and Display advertising, which consists of revenue from customers and advertising agencies for placing display advertising on the Company’s Websites.

Analyst Recommendations for Auto Trader Group (LON:AUTO)

Receive News & Ratings for Auto Trader Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply