Auto Trader Group PLC (AUTO) Receives Average Recommendation of “Hold” from Analysts

Auto Trader Group PLC (LON:AUTO) has earned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 404.53 ($5.49).

AUTO has been the subject of a number of research reports. Shore Capital Group restated a “hold” rating on shares of Auto Trader Group in a research report on Friday, November 3rd. restated a “buy” rating and set a GBX 450 ($6.10) target price on shares of Auto Trader Group in a research report on Thursday, November 9th. restated a “buy” rating and set a GBX 450 ($6.10) target price on shares of Auto Trader Group in a research report on Thursday, November 9th. Peel Hunt restated a “buy” rating and set a GBX 400 ($5.42) target price on shares of Auto Trader Group in a research report on Wednesday, January 17th. Finally, Credit Suisse Group cut their target price on shares of Auto Trader Group from GBX 360 ($4.88) to GBX 330 ($4.48) and set an “underperform” rating for the company in a research report on Friday, October 27th.

Shares of Auto Trader Group (LON AUTO) opened at GBX 347.30 ($4.71) on Tuesday. The company has a market cap of $3,360.00 and a PE ratio of 2,042.94. Auto Trader Group has a fifty-two week low of GBX 313 ($4.24) and a fifty-two week high of GBX 445 ($6.03).

The company also recently disclosed a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, January 4th will be given a GBX 1.90 ($0.03) dividend. This represents a dividend yield of 0.57%. The ex-dividend date is Thursday, January 4th.

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About Auto Trader Group

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 (LON:AUTO)

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