Auto Trader Group (LON:AUTO) Earns “Sell” Rating from UBS Group

UBS Group reaffirmed their sell rating on shares of Auto Trader Group (LON:AUTO) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other brokerages have also issued reports on AUTO. Royal Bank of Canada restated a sector perform rating and set a GBX 485 ($6.34) target price on shares of Auto Trader Group in a research report on Tuesday, July 9th. Numis Securities boosted their target price on Auto Trader Group from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the company a buy rating in a research report on Thursday, June 6th. JPMorgan Chase & Co. boosted their target price on Auto Trader Group from GBX 386 ($5.04) to GBX 414 ($5.41) and gave the company an underweight rating in a research report on Wednesday, July 17th. Liberum Capital restated a buy rating on shares of Auto Trader Group in a research report on Wednesday. Finally, Peel Hunt restated a hold rating on shares of Auto Trader Group in a research report on Monday, July 8th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 531.77 ($6.95).

AUTO opened at GBX 525.20 ($6.86) on Thursday. The firm has a market cap of $4.87 billion and a P/E ratio of 25.13. Auto Trader Group has a 12 month low of GBX 375.60 ($4.91) and a 12 month high of GBX 606.80 ($7.93). 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 stock has a 50-day moving average of GBX 540.26 and a 200 day moving average of GBX 534.33.



The company also recently declared a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 29th will be issued a GBX 4.60 ($0.06) dividend. This is a positive change from Auto Trader Group’s previous dividend of $2.10. The ex-dividend date of this dividend is Thursday, August 29th. This represents a dividend yield of 0.79%. Auto Trader Group’s payout ratio is presently 0.33%.

In related news, insider Trevor Mather sold 25,248 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of GBX 549 ($7.17), for a total value of £138,611.52 ($181,120.50).

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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