J P Morgan Chase & Co reiterated their underweight rating on shares of Auto Trader Group PLC (LON:AUTO) in a research note published on Friday.

Other analysts also recently issued reports about the stock. Numis Securities Ltd reissued a buy rating and set a GBX 520 ($6.84) price objective on shares of Auto Trader Group PLC in a research report on Friday, September 1st. Liberum Capital reissued a buy rating and set a GBX 530 ($6.97) price objective on shares of Auto Trader Group PLC in a research report on Tuesday, November 7th. Panmure Gordon restated a buy rating and set a GBX 395 ($5.20) target price on shares of Auto Trader Group PLC in a research note on Thursday, November 9th. Investec restated a buy rating and set a GBX 450 ($5.92) target price on shares of Auto Trader Group PLC in a research note on Thursday, November 9th. Finally, Shore Capital reiterated a hold rating on shares of Auto Trader Group PLC in a research note on Thursday, November 9th. Six analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 428.31 ($5.63).

Shares of Auto Trader Group PLC (LON AUTO) opened at GBX 319.80 ($4.21) on Friday. Auto Trader Group PLC has a 1 year low of GBX 321.10 ($4.22) and a 1 year high of GBX 445 ($5.85).

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The company also recently disclosed a dividend, which will be paid on Friday, January 26th. Investors of record on Thursday, January 4th will be issued a GBX 1.90 ($0.02) dividend. The ex-dividend date is Thursday, January 4th. This represents a dividend yield of 0.57%.

Auto Trader Group PLC Company Profile

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.

Analyst Recommendations for Auto Trader Group PLC (LON:AUTO)

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