Auto Trader Group (LON:AUTO) Price Target Cut to GBX 515 by Analysts at JPMorgan Chase & Co.

Auto Trader Group (LON:AUTO) had its target price reduced by equities research analysts at JPMorgan Chase & Co. from GBX 630 to GBX 515 in a research note issued on Thursday,London Stock Exchange reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 7.09% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Citigroup lowered their price objective on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a research report on Friday, November 28th. Berenberg Bank reduced their price target on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating for the company in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Auto Trader Group currently has an average rating of “Hold” and a consensus target price of GBX 686.67.

Auto Trader Group Stock Down 0.5%

Shares of AUTO stock traded down GBX 2.60 during trading hours on Thursday, reaching GBX 480.90. 544,232,875 shares of the company’s stock were exchanged, compared to its average volume of 45,586,699. The company has a current ratio of 1.77, a quick ratio of 1.50 and a debt-to-equity ratio of 10.48. Auto Trader Group has a 1 year low of GBX 454.54 and a 1 year high of GBX 920. The stock has a market cap of £4.00 billion, a PE ratio of 14.46, a PEG ratio of 3.99 and a beta of 0.71. The stock’s fifty day moving average price is GBX 510.88 and its two-hundred day moving average price is GBX 640.65.

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.