Auto Trader Group (LON:AUTO) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Auto Trader Group (LON:AUTO) had its price target raised by research analysts at JPMorgan Chase & Co. from GBX 765 to GBX 770 in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 2.50% from the stock’s previous close.

Auto Trader Group Trading Down 5.9%

Shares of AUTO opened at GBX 751.20 on Friday. Auto Trader Group has a 1-year low of GBX 706 and a 1-year high of GBX 920. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The firm’s 50-day moving average price is GBX 784.15 and its 200-day moving average price is GBX 813.43. The firm has a market capitalization of £6.48 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 3.99 and a beta of 0.78.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings data on Thursday, November 6th. The company reported GBX 17.26 earnings per share for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. Sell-side analysts anticipate that Auto Trader Group will post 32.7973074 EPS for the current year.

Auto Trader Group Company Profile

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.