Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research note issued to investors on Thursday.
Several other research firms have also recently weighed in on AUTO. Barclays cut shares of Auto Trader Group to an “equal weight” rating and raised their price objective for the company from GBX 435 ($5.68) to GBX 460 ($6.01) in a research report on Tuesday, September 25th. Credit Suisse Group restated an “underperform” rating on shares of Auto Trader Group in a research report on Thursday, August 23rd. Peel Hunt raised their price objective on shares of Auto Trader Group from GBX 440 ($5.75) to GBX 510 ($6.66) and gave the company an “add” rating in a research report on Thursday, August 23rd. UBS Group cut shares of Auto Trader Group to a “neutral” rating and raised their price objective for the company from GBX 425 ($5.55) to GBX 445 ($5.81) in a research report on Tuesday, September 4th. Finally, Shore Capital restated a “hold” rating on shares of Auto Trader Group in a research report on Thursday, August 16th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. Auto Trader Group presently has a consensus rating of “Hold” and an average target price of GBX 414.40 ($5.41).
AUTO opened at GBX 447 ($5.84) on Thursday. Auto Trader Group has a 1-year low of GBX 313 ($4.09) and a 1-year high of GBX 445 ($5.81).
In other news, insider Trevor Mather sold 48,753 shares of Auto Trader Group stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of GBX 433 ($5.66), for a total transaction of £211,100.49 ($275,840.18).
About Auto Trader Group
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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