Auto Trader Group PLC (AUTO) Rating Reiterated by Canaccord Genuity
Auto Trader Group PLC (LON:AUTO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a report issued on Thursday. They currently have a GBX 456 ($5.65) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 18.13% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. Numis Securities Ltd reissued a “buy” rating and set a GBX 495 ($6.13) price objective on shares of Auto Trader Group PLC in a research note on Tuesday, September 20th. Barclays PLC boosted their price objective on Auto Trader Group PLC from GBX 375 ($4.65) to GBX 390 ($4.83) and gave the stock an “equal weight” rating in a research note on Monday, October 3rd. Deutsche Bank AG reissued a “hold” rating and set a GBX 400 ($4.95) price objective on shares of Auto Trader Group PLC in a research note on Tuesday, September 13th. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 445 ($5.51) price objective on shares of Auto Trader Group PLC in a research note on Tuesday, August 16th. Finally, Bank of America Corp. started coverage on Auto Trader Group PLC in a research note on Friday, September 2nd. They set a “buy” rating and a GBX 500 ($6.19) price objective on the stock. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 438.77 ($5.44).
Shares of Auto Trader Group PLC (LON:AUTO) opened at 406.80 on Thursday. The stock’s market capitalization is GBX 4.07 billion. The company’s 50-day moving average price is GBX 386.76 and its 200 day moving average price is GBX 381.76. Auto Trader Group PLC has a one year low of GBX 307.80 and a one year high of GBX 455.00.
Auto Trader Group PLC Company Profile
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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