Auto Trader Group (LON:AUTO) Price Target Lowered to GBX 880 at Citigroup

Auto Trader Group (LON:AUTO) had its price objective lowered by equities researchers at Citigroup from GBX 924 to GBX 880 in a report released on Friday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price indicates a potential upside of 37.72% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Auto Trader Group from GBX 765 to GBX 770 and gave the company an “underweight” rating in a research report on Friday, November 7th. Berenberg Bank restated a “hold” rating and issued a GBX 830 target price on shares of Auto Trader Group in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 826.67.

Auto Trader Group Price Performance

AUTO stock traded down GBX 3.80 during trading on Friday, hitting GBX 639. The company had a trading volume of 2,145,352 shares, compared to its average volume of 8,704,681. Auto Trader Group has a fifty-two week low of GBX 633.40 and a fifty-two week high of GBX 920. The firm has a market capitalization of £5.51 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 3.99 and a beta of 0.78. The business has a 50 day moving average of GBX 752.38 and a 200 day moving average of GBX 797.66. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings results on Thursday, November 6th. The company reported GBX 17.26 earnings per share (EPS) for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. As a group, research analysts predict that Auto Trader Group will post 32.7973074 earnings per share for the current year.

About Auto Trader Group

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.