Oddo Bhf Begins Coverage on Auto Trader Group (OTCMKTS:ATDRY)

Equities research analysts at Oddo Bhf initiated coverage on shares of Auto Trader Group (OTCMKTS:ATDRY) in a research note issued to investors on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the stock.

A number of other research analysts have also recently weighed in on ATDRY. Zacks Investment Research cut shares of Auto Trader Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 5th. Peel Hunt raised shares of Auto Trader Group from a “hold” rating to a “buy” rating in a research note on Monday, February 15th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Auto Trader Group in a research note on Wednesday, March 31st. Stifel Nicolaus raised shares of Auto Trader Group from a “hold” rating to a “buy” rating in a research note on Friday, March 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Auto Trader Group in a research note on Monday, March 1st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Auto Trader Group has an average rating of “Hold” and an average target price of $2.25.

Shares of ATDRY opened at $2.19 on Wednesday. The stock’s 50 day simple moving average is $2.01. Auto Trader Group has a 1-year low of $1.60 and a 1-year high of $2.23.

Auto Trader Group Company Profile

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers, home traders, and logistics firms; vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.

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Analyst Recommendations for Auto Trader Group (OTCMKTS:ATDRY)

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