Auto Trader Group PLC (AUTO) Given Buy Rating at Panmure Gordon

Panmure Gordon reissued their buy rating on shares of Auto Trader Group PLC (LON:AUTO) in a research report report published on Thursday. The firm currently has a GBX 395 ($5.20) target price on the stock.

A number of other equities analysts have also issued reports on the stock. Shore Capital started coverage on shares of Auto Trader Group PLC in a research report on Thursday, July 13th. They issued a hold rating for the company. Barclays PLC restated an overweight rating on shares of Auto Trader Group PLC in a research report on Wednesday, October 18th. Deutsche Bank AG restated a hold rating on shares of Auto Trader Group PLC in a research report on Wednesday, October 11th. Numis Securities Ltd restated a buy rating and set a GBX 520 ($6.84) price objective on shares of Auto Trader Group PLC in a research report on Friday, September 1st. Finally, Liberum Capital restated a buy rating and set a GBX 530 ($6.97) price objective on shares of Auto Trader Group PLC in a research report on Tuesday, November 7th. Six research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 428.31 ($5.63).

Auto Trader Group PLC (LON:AUTO) opened at GBX 325 ($4.27) on Thursday. Auto Trader Group PLC has a 12-month low of GBX 329.40 ($4.33) and a 12-month high of GBX 445 ($5.85).

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The firm also recently disclosed a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, January 4th will be given a dividend of GBX 1.90 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 4th. This represents a dividend yield of 0.57%.

Auto Trader Group PLC Company Profile

Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company’s Websites, and also includes revenue derived from third-party services directed at consumers relating to their motoring needs, such as insurance and loan finance, and Display advertising, which consists of revenue from customers and advertising agencies for placing display advertising on the Company’s Websites.

Analyst Recommendations for Auto Trader Group PLC (LON:AUTO)

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