Auto Trader Group’s (AUTO) Add Rating Reiterated at Peel Hunt

Auto Trader Group (LON:AUTO)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a note issued to investors on Thursday.

Other equities research analysts have also issued research reports about the stock. Barclays lowered shares of Auto Trader Group to an “equal weight” rating and lifted their price objective for the company from GBX 435 ($5.68) to GBX 460 ($6.01) in a report on Tuesday, September 25th. Credit Suisse Group reiterated an “underperform” rating on shares of Auto Trader Group in a report on Thursday, August 23rd. UBS Group lowered shares of Auto Trader Group to a “neutral” rating and lifted their price objective for the company from GBX 425 ($5.55) to GBX 445 ($5.81) in a report on Tuesday, September 4th. Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a report on Thursday, August 16th. Finally, Liberum Capital reiterated a “buy” rating on shares of Auto Trader Group in a report on Thursday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 414.40 ($5.41).

Auto Trader Group stock opened at GBX 447 ($5.84) on Thursday. Auto Trader Group has a 12-month low of GBX 313 ($4.09) and a 12-month high of GBX 445 ($5.81).

In other news, insider Trevor Mather sold 48,753 shares of the business’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of GBX 433 ($5.66), for a total value 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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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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