Motorpoint Group’s (MOTR) House Stock Rating Reaffirmed at Shore Capital Group

Motorpoint Group (LON:MOTR)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft dropped their target price on Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating for the company in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 170.

Motorpoint Group Stock Performance

LON MOTR opened at GBX 138 on Wednesday. The company has a 50-day simple moving average of GBX 124.59 and a two-hundred day simple moving average of GBX 127.41. The company has a quick ratio of 0.12, a current ratio of 1.00 and a debt-to-equity ratio of 856.92. Motorpoint Group has a 12-month low of GBX 111 and a 12-month high of GBX 171. The firm has a market cap of £109.89 million, a price-to-earnings ratio of 20.91 and a beta of 0.82.

Motorpoint Group (LON:MOTR) last announced its quarterly earnings data on Wednesday, June 10th. The company reported GBX 6.60 earnings per share (EPS) for the quarter. The firm had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%. On average, equities analysts forecast that Motorpoint Group will post 3.5133843 EPS for the current year.

Insiders Place Their Bets

In other news, insider Keith Mansfield purchased 43,124 shares of the business’s stock in a transaction on Monday, July 27th. The shares were acquired at an average price of GBX 125 per share, with a total value of £53,905. 22.21% of the stock is owned by insiders.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.