Auto Trader Group plc (LON:AUTO) Receives Average Recommendation of “Reduce” from Analysts

Shares of Auto Trader Group plc (LON:AUTO) have been given an average rating of “Reduce” by the six analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 549.50.

A number of equities analysts recently commented on the company. Royal Bank Of Canada cut their price objective on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research note on Friday, July 17th. Berenberg Bank lowered their price target on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday, May 26th. UBS Group restated a “sell” rating and set a GBX 470 price target on shares of Auto Trader Group in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a research note on Wednesday, August 5th.

Insider Activity at Auto Trader Group

In other news, insider Nathan Coe sold 70,158 shares of Auto Trader Group stock in a transaction dated Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £348,685.26. Also, insider Jamie Warner sold 32,481 shares of Auto Trader Group stock in a transaction dated Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £161,430.57. 3.54% of the stock is owned by company insiders.

Auto Trader Group Stock Performance

LON AUTO opened at GBX 507.28 on Friday. The company has a market capitalization of £3.97 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 3.99 and a beta of 0.69. Auto Trader Group has a twelve month low of GBX 418.60 and a twelve month high of GBX 828.80. The stock has a fifty day simple moving average of GBX 515.79 and a 200 day simple moving average of GBX 492.08. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 51.83.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.