Auto Trader Group plc (LON:AUTO) Stock Rated “Hold” by Wall Street Analysts

Auto Trader Group plc (LON:AUTO) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 562.43.

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price objective on Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a report on Wednesday, August 5th. Royal Bank Of Canada decreased their price target on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research note on Friday, July 17th. Finally, Jefferies Financial Group raised shares of Auto Trader Group to a “buy” rating and lifted their price objective for the stock from GBX 545 to GBX 640 in a research note on Tuesday, September 8th.

Auto Trader Group Trading Up 0.5%

Shares of AUTO stock opened at GBX 464 on Wednesday. Auto Trader Group has a 12-month low of GBX 418.60 and a 12-month high of GBX 828.80. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 51.83. The stock’s 50-day moving average price is GBX 507.99 and its 200-day moving average price is GBX 492.29. The stock has a market capitalization of £3.61 billion, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69.

Insider Transactions at Auto Trader Group

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

About Auto Trader Group

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.