AUTO1 Group (OTC:ATOGF – Get Rating) was downgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report issued on Friday, The Fly reports.
Several other brokerages also recently weighed in on ATOGF. Deutsche Bank Aktiengesellschaft dropped their price objective on AUTO1 Group from €41.00 ($43.62) to €32.00 ($34.04) in a research report on Monday, March 28th. UBS Group decreased their price target on shares of AUTO1 Group from €27.20 ($28.94) to €25.00 ($26.60) and set a “buy” rating on the stock in a report on Tuesday, May 17th.
Shares of ATOGF stock opened at $11.10 on Friday. The firm has a fifty day simple moving average of $11.10. AUTO1 Group has a fifty-two week low of $11.10 and a fifty-two week high of $49.42.
AUTO1 Group SE operates an online marketplace for used vehicle sales to dealers and individual customers in Europe. It operates AUTO1.com for sale of used cars to commercial car dealers; Autohero.com for sale of used cars to private customers; and wirkaufendeinauto.de. The company was founded in 2012 and is based in Berlin, Germany.
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