AUTO1 Group (OTC:ATOGF) Lowered to “Underweight” at JPMorgan Chase & Co.

AUTO1 Group (OTC:ATOGFGet 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.

About AUTO1 Group (Get Rating)

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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