Auto Trader Group (LON:AUTO) Stock Keeps Buy Rating at Jefferies Financial Group

Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 640 target price on the stock. Jefferies Financial Group‘s price objective points to a potential upside of 16.24% from the company’s previous close.

A number of other analysts have also commented on the stock. Royal Bank Of Canada reduced their price target on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating for the company in a research note on Friday, July 17th. JPMorgan Chase & Co. cut their target price on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Auto Trader Group has a consensus rating of “Hold” and an average price target of GBX 562.43.

Auto Trader Group Stock Down 3.5%

AUTO stock opened at GBX 550.60 on Thursday. Auto Trader Group has a 1-year low of GBX 418.60 and a 1-year high of GBX 828.80. The business has a fifty day moving average price of GBX 504.24 and a 200-day moving average price of GBX 497.52. The company has a debt-to-equity ratio of 51.83, a current ratio of 1.73 and a quick ratio of 1.50. The stock has a market capitalization of £4.23 billion, a P/E ratio of 16.16, a P/E/G ratio of 3.99 and a beta of 0.72.

Auto Trader Group (LON:AUTO) last released its quarterly earnings data on Thursday, November 5th. The company reported GBX 18.10 EPS for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. The company had revenue of £313.40 million for the quarter. Equities analysts forecast 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.