A number of other analysts have also recently issued reports on AUTO. Barclays cut Auto Trader Group to an equal weight rating and increased their target price for the stock from GBX 435 ($5.68) to GBX 460 ($6.01) in a research note on Tuesday, September 25th. Shore Capital reissued a hold rating on shares of Auto Trader Group in a research note on Thursday, August 16th. JPMorgan Chase & Co. increased their target price on Auto Trader Group from GBX 326 ($4.26) to GBX 328 ($4.29) and gave the stock an underweight rating in a research note on Friday, July 13th. UBS Group cut Auto Trader Group to a neutral rating and increased their target price for the stock from GBX 425 ($5.55) to GBX 445 ($5.81) in a research note on Tuesday, September 4th. Finally, Credit Suisse Group reissued an underperform rating on shares of Auto Trader Group in a research note on Thursday, August 23rd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. Auto Trader Group presently has a consensus rating of Hold and a consensus price target of GBX 416.11 ($5.44).
LON AUTO opened at GBX 411.50 ($5.38) on Monday. Auto Trader Group has a 52-week low of GBX 313 ($4.09) and a 52-week high of GBX 445 ($5.81).
In other Auto Trader Group news, insider Trevor Mather sold 48,753 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of GBX 433 ($5.66), for a total transaction of £211,100.49 ($275,840.18).
Auto Trader Group Company Profile
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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