Auto Trader Group’s (AUTO) “Sell” Rating Reiterated at UBS Group

Auto Trader Group (LON:AUTO)‘s stock had its “sell” rating reaffirmed by analysts at UBS Group in a report issued on Monday,Digital Look reports. They currently have a GBX 470 price objective on the stock. UBS Group’s target price indicates a potential downside of 3.17% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. lowered their price objective on shares of Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating on the stock in a research note on Thursday, March 19th. Citigroup decreased their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 598.40.

Auto Trader Group Stock Down 0.9%

Shares of AUTO stock opened at GBX 485.40 on Monday. Auto Trader Group has a 1 year low of GBX 445.80 and a 1 year high of GBX 920. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.50 and a current ratio of 1.77. The business’s fifty day moving average is GBX 487.58 and its 200-day moving average is GBX 556.27. The stock has a market cap of £3.96 billion, a PE ratio of 14.60, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69.

Auto Trader Group Company Profile

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.