Auto Trader Group (LON:AUTO) Given New GBX 665 Price Target at Berenberg Bank

Auto Trader Group (LON:AUTO) had its target price decreased by Berenberg Bank from GBX 830 to GBX 665 in a report issued on Friday, MarketBeat reports. Berenberg Bank currently has a buy rating on the stock.

Several other equities analysts have also weighed in on AUTO. Citigroup cut their target price on Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a report on Friday, November 28th. JPMorgan Chase & Co. decreased their price objective on shares of Auto Trader Group from GBX 635 to GBX 630 and set an “underweight” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 725.

Auto Trader Group Stock Down 1.1%

Shares of Auto Trader Group stock traded down GBX 6.63 during trading on Friday, reaching GBX 581.80. The company had a trading volume of 7,473,308 shares, compared to its average volume of 5,270,273. The company has a market cap of £4.93 billion, a price-to-earnings ratio of 17.50, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. Auto Trader Group has a fifty-two week low of GBX 562 and a fifty-two week high of GBX 920. The firm’s fifty day moving average is GBX 637.78 and its 200-day moving average is GBX 745.39. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66.

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

Auto Trader Group Company Profile

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.