Analysts Set Auto Trader Group plc (LON:AUTO) PT at GBX 550.33

Auto Trader Group plc (LON:AUTO) has been given a consensus rating of “Reduce” by the six analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 550.33.

Several equities research analysts have recently commented on AUTO shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. Citigroup cut their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a report on Thursday, April 9th. UBS Group restated a “sell” rating and issued a GBX 470 price target on shares of Auto Trader Group in a research report on Monday, May 18th. Royal Bank Of Canada decreased their price objective on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a research report on Friday, May 22nd.

Auto Trader Group Price Performance

Shares of AUTO stock opened at GBX 496.90 on Friday. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 844.40. The stock has a market cap of £3.91 billion, a P/E ratio of 14.58, a P/E/G ratio of 3.99 and a beta of 0.69. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 50.60. The company has a 50 day simple moving average of GBX 480.73 and a two-hundred day simple moving average of GBX 497.79.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. The business had revenue of £624.30 million for the quarter. On average, research analysts expect that Auto Trader Group will post 32.7973074 earnings per share for the current year.

Insider Activity at Auto Trader Group

In other news, insider Matt Davies bought 5,102 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were bought at an average price of GBX 490 per share, for a total transaction of £24,999.80. Also, insider Geeta Gopalan purchased 5,521 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of GBX 453 per share, for a total transaction of £25,010.13. Insiders have purchased 69,952 shares of company stock worth $31,918,459 in the last 90 days. Insiders own 3.42% of the company’s stock.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.