Auto Trader Group PLC (AUTO) Given Consensus Rating of “Buy” by Brokerages
Shares of Auto Trader Group PLC (LON:AUTO) have received an average recommendation of “Buy” from the thirteen research firms that are presently covering the stock. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 450.69 ($5.63).
A number of brokerages recently issued reports on AUTO. Numis Securities Ltd restated a “buy” rating and issued a GBX 495 ($6.18) price target on shares of Auto Trader Group PLC in a research report on Tuesday, September 20th. Barclays PLC raised their price target on Auto Trader Group PLC from GBX 375 ($4.69) to GBX 390 ($4.87) and gave the stock an “equal weight” rating in a research report on Monday, October 3rd. Deutsche Bank AG restated a “hold” rating and issued a GBX 400 ($5.00) price target on shares of Auto Trader Group PLC in a research report on Friday, November 11th. Jefferies Group restated a “buy” rating and issued a GBX 520 ($6.50) price target on shares of Auto Trader Group PLC in a research report on Friday, November 11th. Finally, BNP Paribas restated an “outperform” rating and issued a GBX 460 ($5.75) price target on shares of Auto Trader Group PLC in a research report on Friday, November 11th.
Auto Trader Group PLC (LON:AUTO) traded up 2.58% during mid-day trading on Thursday, hitting GBX 393.90. 3,387,350 shares of the stock were exchanged. The stock’s market cap is GBX 3889.76 billion. The stock has a 50 day moving average of GBX 384.82 and a 200-day moving average of GBX 382.39. Auto Trader Group PLC has a 52-week low of GBX 307.80 and a 52-week high of GBX 455.00.
The business also recently announced a dividend, which will be paid on Friday, January 27th. Shareholders of record on Thursday, January 5th will be paid a GBX 1.70 ($0.02) dividend. This represents a yield of 0.43%. The ex-dividend date is Thursday, January 5th. This is a positive change from Auto Trader Group PLC’s previous dividend of $1.00.
About Auto Trader Group PLC
Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company’s Websites, and also includes revenue derived from third-party services directed at consumers relating to their motoring needs, such as insurance and loan finance, and Display advertising, which consists of revenue from customers and advertising agencies for placing display advertising on the Company’s Websites.
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.