Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Motorpoint Group (LON:MOTR) Stock Price

Motorpoint Group (LON:MOTR) had its price objective reduced by Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 170 in a report issued on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 32.04% from the stock’s previous close.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Stock Performance

Motorpoint Group stock opened at GBX 128.75 on Tuesday. Motorpoint Group has a 1 year low of GBX 111 and a 1 year high of GBX 190. The company has a debt-to-equity ratio of 296.15, a current ratio of 1.00 and a quick ratio of 0.12. The company has a market capitalization of £102.53 million, a P/E ratio of 25.75 and a beta of 0.77. The business has a 50 day moving average of GBX 128.50 and a 200-day moving average of GBX 132.14.

Motorpoint Group (LON:MOTR) last issued its quarterly earnings data on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. The company had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. On average, equities research analysts predict that Motorpoint Group will post 3.5133843 earnings per share for the current year.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.