Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Motorpoint Group (LON:MOTR)

Motorpoint Group (LON:MOTR)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Monday, MarketBeat.com reports. They currently have a GBX 170 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 21.43% from the stock’s previous close.

Separately, Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research report on Friday, October 9th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Stock Up 0.7%

Shares of MOTR opened at GBX 140 on Monday. The company has a debt-to-equity ratio of 856.92, a current ratio of 1.00 and a quick ratio of 0.12. The stock has a market capitalization of £111.48 million, a price-to-earnings ratio of 21.21 and a beta of 0.83. Motorpoint Group has a 1 year low of GBX 111 and a 1 year high of GBX 161. The business’s 50 day simple moving average is GBX 132.52 and its 200-day simple moving average is GBX 128.58.

Insider Activity

In other Motorpoint Group news, insider Keith Mansfield bought 43,124 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were purchased at an average cost of GBX 125 per share, for a total transaction of £53,905. Corporate insiders own 22.21% of the company’s stock.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.