Auto Trader Group PLC (AUTO) Given “Buy” Rating at Jefferies Group
Auto Trader Group PLC (LON:AUTO)‘s stock had its “buy” rating reissued by Jefferies Group in a research report issued to clients and investors on Friday. They currently have a GBX 520 ($6.44) target price on the stock. Jefferies Group’s price objective points to a potential upside of 30.36% from the company’s previous close.
A number of other brokerages have also weighed in on AUTO. Canaccord Genuity boosted their price target on Auto Trader Group PLC from GBX 395 ($4.89) to GBX 456 ($5.65) and gave the stock a “buy” rating in a research note on Wednesday, September 28th. Barclays PLC upped their target price on Auto Trader Group PLC from GBX 375 ($4.65) to GBX 390 ($4.83) and gave the company an “equal weight” rating in a research report on Monday, October 3rd. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 400 ($4.95) target price on shares of Auto Trader Group PLC in a research report on Friday. Numis Securities Ltd upped their target price on Auto Trader Group PLC from GBX 495 ($6.13) to GBX 515 ($6.38) and gave the company a “buy” rating in a research report on Thursday. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 445 ($5.51) target price on shares of Auto Trader Group PLC in a research report on Tuesday, August 16th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 440.31 ($5.45).
Shares of Auto Trader Group PLC (LON:AUTO) opened at 398.90 on Friday. The firm’s 50-day moving average is GBX 386.61 and its 200-day moving average is GBX 381.95. Auto Trader Group PLC has a one year low of GBX 307.80 and a one year high of GBX 455.00. The stock’s market capitalization is GBX 3.99 billion.
The firm also recently announced a dividend, which will be paid on Friday, January 27th. Stockholders of record on Thursday, January 5th will be paid a dividend of GBX 1.70 ($0.02) per share. This represents a dividend yield of 0.43%. This is an increase from Auto Trader Group PLC’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, January 5th.
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.
Receive News & Stock Ratings for Auto Trader Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group PLC and related stocks with our FREE daily email newsletter.