Auto Trader Group’s (AUTO) “Underweight” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their underweight rating on shares of Auto Trader Group (LON:AUTO) in a research note released on Wednesday morning, Marketbeat reports.

Other equities analysts have also issued research reports about the stock. Citigroup cut their price target on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a report on Friday, November 28th. Berenberg Bank dropped their price target on shares of Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating on the stock in a research report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 725.

Auto Trader Group Stock Performance

Shares of AUTO stock opened at GBX 556.61 on Wednesday. The firm has a market cap of £4.71 billion, a PE ratio of 16.74, a P/E/G ratio of 3.99 and a beta of 0.78. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. The company’s fifty day simple moving average is GBX 596.59 and its 200-day simple moving average is GBX 723.30. Auto Trader Group has a 12 month low of GBX 548.40 and a 12 month high of GBX 920.

Auto Trader Group (LON:AUTO) last issued its earnings results on Thursday, November 6th. The company reported GBX 17.26 earnings per share for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Equities research analysts expect that Auto Trader Group will post 32.7973074 EPS for the current fiscal 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.