Auto Trader Group PLC (AUTO) PT Raised to GBX 515 at Numis Securities Ltd
Auto Trader Group PLC (LON:AUTO) had its price target hoisted by equities research analysts at Numis Securities Ltd from GBX 495 ($6.13) to GBX 515 ($6.38) in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Numis Securities Ltd’s price objective points to a potential upside of 33.42% from the stock’s current price.
A number of other equities research analysts have also weighed in on AUTO. Canaccord Genuity restated a “buy” rating and issued a GBX 456 ($5.65) price objective on shares of Auto Trader Group PLC in a report on Thursday. Deutsche Bank AG restated a “hold” rating and issued a GBX 400 ($4.95) price objective on shares of Auto Trader Group PLC in a report on Tuesday, September 13th. Barclays PLC raised their price objective on shares of Auto Trader Group PLC from GBX 340 ($4.21) to GBX 375 ($4.65) and gave the company an “equal weight” rating in a report on Monday, September 12th. Bank of America Corp. began coverage on shares of Auto Trader Group PLC in a report on Friday, September 2nd. They issued a “buy” rating and a GBX 500 ($6.19) price objective on the stock. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 445 ($5.51) price target on shares of Auto Trader Group PLC in a research note on Tuesday, August 16th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Auto Trader Group PLC presently has an average rating of “Buy” and a consensus target price of GBX 440.31 ($5.45).
Shares of Auto Trader Group PLC (LON:AUTO) opened at 406.40 on Thursday. Auto Trader Group PLC has a 1-year low of GBX 307.80 and a 1-year high of GBX 455.00. The stock’s market capitalization is GBX 4.06 billion. The stock’s 50 day moving average is GBX 386.76 and its 200 day moving average is GBX 381.76.
About Auto Trader Group PLC
Auto Trader Group plc is a United Kingdom-based digital automotive company. The Company is engaged in the business of buying and selling vehicles. The Company also has operations in Ireland.
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