Motorpoint Group (LON:MOTR) Price Target Cut to GBX 180 by Analysts at Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR) had its price target trimmed by Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 180 in a report published on Thursday,London Stock Exchange reports. The brokerage currently has a buy rating on the stock.

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Motorpoint Group in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 180.

Motorpoint Group Price Performance

Motorpoint Group stock opened at GBX 135.50 on Thursday. The company has a market cap of £107.90 million, a price-to-earnings ratio of 27.10 and a beta of 0.70. The firm’s fifty day moving average is GBX 131.16 and its 200 day moving average is GBX 140.49. The company has a quick ratio of 0.12, a current ratio of 1.06 and a debt-to-equity ratio of 226.34. Motorpoint Group has a 52-week low of GBX 112 and a 52-week high of GBX 190.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.