Auto Trader Group (LON:AUTO)‘s stock had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 485 ($6.34) target price on the stock. Royal Bank of Canada’s target price suggests a potential downside of 12.07% from the company’s current price.
A number of other equities analysts have also weighed in on the company. Peel Hunt reiterated a “buy” rating on shares of Lookers in a research note on Monday, July 8th. Berenberg Bank set a €16.00 ($18.60) price objective on SAF-HOLLAND and gave the company a “buy” rating in a research note on Friday, June 7th. JPMorgan Chase & Co. upgraded Intelsat from a “neutral” rating to an “overweight” rating and set a $27.00 price objective for the company in a research note on Wednesday, April 3rd. Liberum Capital reiterated a “buy” rating on shares of SIG in a research note on Friday, July 5th. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of WPP in a research note on Monday, June 3rd. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Auto Trader Group presently has a consensus rating of “Hold” and a consensus price target of GBX 529.62 ($6.92).
AUTO stock traded down GBX 5.60 ($0.07) during midday trading on Tuesday, reaching GBX 551.60 ($7.21). The stock had a trading volume of 4,858,150 shares, compared to its average volume of 5,830,000. The firm has a market cap of $5.13 billion and a PE ratio of 26.39. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 553.22. The firm has a fifty day simple moving average of GBX 572.65. Auto Trader Group has a 52-week low of GBX 375.60 ($4.91) and a 52-week high of GBX 606.80 ($7.93).
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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