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 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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