Auto Trader Group (LON:AUTO) Price Target Cut to GBX 526 by Analysts at Citigroup

Auto Trader Group (LON:AUTO) had its price objective trimmed by Citigroup from GBX 880 to GBX 526 in a research report released on Thursday morning,London Stock Exchange reports. The firm currently has a neutral rating on the stock.

Several other analysts have also weighed in on the company. Berenberg Bank cut their price objective on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating for the company in a report on Friday, January 9th. JPMorgan Chase & Co. cut their price objective on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating for the company in a report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 630.50.

Auto Trader Group Trading Up 1.2%

Shares of Auto Trader Group stock opened at GBX 479.60 on Thursday. The company has a quick ratio of 1.50, a current ratio of 1.77 and a debt-to-equity ratio of 10.48. The firm has a market cap of £3.95 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 3.99 and a beta of 0.68. The business has a fifty day simple moving average of GBX 479.53 and a 200-day simple moving average of GBX 606.14. Auto Trader Group has a fifty-two week low of GBX 445.80 and a fifty-two week high of GBX 920.

About Auto Trader Group

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.