Auto Trader Group (LON:AUTO) Stock Rating Reaffirmed by Royal Bank of Canada

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 Company Profile

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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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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