Shares of Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,297,044 shares traded hands during trading, an increase of 194% from the previous session’s volume of 1,122,254 shares.The stock last traded at $1.74 and had previously closed at $1.73.
Analysts Set New Price Targets
A number of equities analysts have issued reports on ATDRY shares. The Goldman Sachs Group initiated coverage on Auto Trader Group in a research note on Thursday, June 4th. They set a “buy” rating for the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. Citigroup cut Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Finally, Barclays lowered Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.
View Our Latest Report on ATDRY
Auto Trader Group Trading Up 0.9%
Auto Trader Group Company Profile
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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