Shares of Auto Trader Group PLC (LON:AUTO) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 597.40 ($7.81) and last traded at GBX 597.40 ($7.81), with a volume of 3138650 shares traded. The stock had previously closed at GBX 581.20 ($7.59).
AUTO has been the topic of several research reports. Peel Hunt reissued an “add” rating on shares of Auto Trader Group in a research report on Monday, April 1st. UBS Group increased their price target on shares of Auto Trader Group from GBX 445 ($5.81) to GBX 510 ($6.66) and gave the stock a “buy” rating in a research report on Tuesday, February 5th. Liberum Capital increased their price target on shares of Auto Trader Group from GBX 470 ($6.14) to GBX 620 ($8.10) and gave the stock a “buy” rating in a research report on Wednesday, April 17th. HSBC initiated coverage on shares of Auto Trader Group in a research report on Tuesday, February 12th. They set a “hold” rating and a GBX 465 ($6.08) price target on the stock. Finally, Shore Capital reissued a “hold” rating on shares of Auto Trader Group in a research report on Monday, April 29th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 478 ($6.25).
The firm has a market cap of $5.55 billion and a price-to-earnings ratio of 31.78. The company has a debt-to-equity ratio of 1,669.31, a quick ratio of 1.02 and a current ratio of 1.07.
Auto Trader Group Company Profile (LON:AUTO)
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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