Auto Trader Group plc (LON:AUTO) Stock Has Average Target Price of GBX 562.43

Shares of Auto Trader Group plc (LON:AUTO) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 562.43.

A number of brokerages have recently commented on AUTO. Jefferies Financial Group raised Auto Trader Group to a “buy” rating and boosted their price objective for the stock from GBX 545 to GBX 640 in a research report on Tuesday, September 8th. JPMorgan Chase & Co. reduced their price objective on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating on the stock in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada decreased their price objective on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating for the company in a research report on Friday, July 17th.

Insider Activity

In related news, insider Nathan Coe sold 70,158 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total transaction of £348,685.26. Also, insider Jamie Warner sold 32,481 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total transaction of £161,430.57. 3.61% of the stock is currently owned by company insiders.

Auto Trader Group Stock Performance

LON:AUTO opened at GBX 472.60 on Wednesday. The company has a fifty day simple moving average of GBX 505.70 and a two-hundred day simple moving average of GBX 491.96. The company has a market cap of £3.63 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 51.83. Auto Trader Group has a 52 week low of GBX 418.60 and a 52 week high of GBX 828.80.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.