Auto Trader Group (LON:AUTO) Price Target Cut to GBX 630 by Analysts at JPMorgan Chase & Co.

Auto Trader Group (LON:AUTO) had its target price reduced by JPMorgan Chase & Co. from GBX 635 to GBX 630 in a research report released on Monday, Marketbeat reports. They currently have an underweight rating on the stock.

AUTO has been the subject of a number of other reports. Citigroup decreased their target price on Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating for the company in a research note on Friday, November 28th. Berenberg Bank reissued a “hold” rating and issued a GBX 830 price target on shares of Auto Trader Group in a report on Thursday, November 6th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 725.

Auto Trader Group Stock Down 1.1%

AUTO stock opened at GBX 581.80 on Monday. The firm has a market cap of £4.93 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 3.99 and a beta of 0.78. Auto Trader Group has a 1-year low of GBX 562 and a 1-year high of GBX 920. The firm has a fifty day moving average price of GBX 633.83 and a two-hundred day moving average price of GBX 743.78. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings results on Thursday, November 6th. The company reported GBX 17.26 earnings per share (EPS) for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Research analysts predict 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.