Shares of Auction Technology Group plc (LON:ATG – Get Free Report) traded up 1.5% during trading on Tuesday . The stock traded as high as GBX 334.50 and last traded at GBX 332. 279,244 shares were traded during mid-day trading, a decline of 97% from the average session volume of 11,089,734 shares. The stock had previously closed at GBX 327.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ATG. Peel Hunt cut their price objective on Auction Technology Group from GBX 730 to GBX 460 and set a “buy” rating on the stock in a research report on Tuesday, December 2nd. Royal Bank Of Canada decreased their target price on Auction Technology Group from GBX 415 to GBX 315 and set a “sector perform” rating for the company in a report on Tuesday, December 2nd. Berenberg Bank lowered their target price on Auction Technology Group from GBX 560 to GBX 460 and set a “buy” rating for the company in a research note on Thursday, November 27th. Finally, JPMorgan Chase & Co. upped their price target on Auction Technology Group from GBX 690 to GBX 695 and gave the stock an “overweight” rating in a report on Friday, November 28th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 549.
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Auction Technology Group Stock Up 1.5%
Auction Technology Group Company Profile
Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).
The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.
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