Auto Trader Group (LON:AUTO)‘s stock had its “add” rating reissued by equities research analysts at Peel Hunt in a research report issued on Thursday. They presently have a GBX 400 ($5.73) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 18.17% from the company’s current price.
A number of other analysts have also issued reports on AUTO. Liberum Capital reaffirmed a “buy” rating and set a GBX 480 ($6.87) target price on shares of Auto Trader Group in a research report on Monday, January 15th. Goldman Sachs lowered Auto Trader Group to a “neutral” rating and lowered their price objective for the company from GBX 468 ($6.70) to GBX 370 ($5.30) in a report on Tuesday, January 23rd. Deutsche Bank reissued a “hold” rating and issued a GBX 370 ($5.30) price objective on shares of Auto Trader Group in a report on Thursday, January 25th. Barclays lowered their price objective on Auto Trader Group from GBX 425 ($6.09) to GBX 415 ($5.94) and set an “overweight” rating for the company in a report on Monday, January 29th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 520 ($7.45) price objective on shares of Auto Trader Group in a report on Thursday, February 1st. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 404.78 ($5.80).
Shares of AUTO opened at GBX 338.50 ($4.85) on Thursday. Auto Trader Group has a 12 month low of GBX 313 ($4.48) and a 12 month high of GBX 445 ($6.37).
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Auto Trader Group Company Profile
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers products and services to retailers and home traders to support its online activities. The company provides vehicle advertisement on its Websites for private sellers; and display advertising on its Websites for manufacturers and their advertising agencies, as well as insurance and loan financing products to consumers.
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