Auto Trader Group (LON:AUTO) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Auto Trader Group (LON:AUTO) to a buy rating in a report published on Tuesday, MarketBeat reports. The firm currently has GBX 640 price target on the stock, up from their previous price target of GBX 545.

Other equities research analysts have also recently issued reports about the company. UBS Group reissued a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research note on Monday, May 18th. Royal Bank Of Canada lowered their price target on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating for the company in a research report on Friday, July 17th. Berenberg Bank dropped their price target on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Auto Trader Group presently has an average rating of “Hold” and a consensus price target of GBX 562.43.

Auto Trader Group Stock Down 0.6%

AUTO stock opened at GBX 485.90 on Tuesday. The business has a 50 day moving average of GBX 515.44 and a 200 day moving average of GBX 493.05. The firm has a market cap of £3.78 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. Auto Trader Group has a twelve month low of GBX 418.60 and a twelve month high of GBX 828.80. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 51.83.

Insider Activity at Auto Trader Group

In related news, insider Nathan Coe sold 70,158 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £348,685.26. Also, insider Jamie Warner sold 32,481 shares of the stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £161,430.57. 3.56% of the stock is currently owned by insiders.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.