Auto Trader Group (LON:AUTO) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Auto Trader Group (LON:AUTO) in a research note issued to investors on Friday,Digital Look reports. The brokerage currently has a GBX 794 price target on the stock.

Several other research firms also recently weighed in on AUTO. JPMorgan Chase & Co. lowered 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. Jefferies Financial Group reiterated a “buy” rating and set a GBX 640 price objective on shares of Auto Trader Group in a report on Thursday. Finally, Royal Bank Of Canada decreased their target price 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. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 559.29.

Auto Trader Group Stock Down 0.5%

Shares of AUTO traded down GBX 2.80 during trading hours on Friday, reaching GBX 555.40. The stock had a trading volume of 2,708,897 shares, compared to its average volume of 33,479,031. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 798.20. The firm has a 50-day simple moving average of GBX 504.85 and a 200 day simple moving average of GBX 497.39. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 51.83. The company has a market capitalization of £4.22 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 3.99 and a beta of 0.72.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings results on Thursday, November 5th. The company reported GBX 18.10 earnings per share (EPS) for the quarter. The business had revenue of £313.40 million during the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. Equities research analysts predict that Auto Trader Group will post 32.80 earnings per share for the current fiscal year.

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.