Shares of Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) rose 7.6% during trading on Tuesday . The company traded as high as $1.69 and last traded at $1.69. 83,596 shares were traded during trading, a decline of 93% from the average session volume of 1,161,078 shares. The stock had previously closed at $1.57.
Analysts Set New Price Targets
A number of research firms have recently issued reports on ATDRY. Barclays lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. The Goldman Sachs Group initiated coverage on Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Get Our Latest Report on Auto Trader Group
Auto Trader Group Trading Up 3.6%
About Auto Trader Group
Auto Trader Group plc is a digital automotive marketplace operating primarily in the United Kingdom and Ireland. Through its flagship consumer-facing website and mobile applications, the company connects private buyers and sellers with franchised and independent motor dealers. It facilitates the listing of new and used vehicles, offering rich multimedia adverts that include photos, video walk-arounds, and detailed specifications.
In addition to its core marketplace, Auto Trader provides a suite of value-added services for both consumers and dealer partners.
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