Shares of Auto Trader Group PLC (LON:AUTO) have earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 523.30 ($6.84).
A number of analysts recently issued reports on the stock. Liberum Capital restated a “buy” rating on shares of Auto Trader Group in a report on Wednesday, August 14th. JPMorgan Chase & Co. lifted their target price on shares of 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. Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a research report on Wednesday, June 26th. Numis Securities lifted their target price on shares of 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. Finally, Goldman Sachs Group lifted their target price on shares of Auto Trader Group from GBX 482 ($6.30) to GBX 609 ($7.96) and gave the company a “neutral” rating in a research report on Monday, June 3rd.
In other Auto Trader Group news, insider Trevor Mather sold 25,248 shares of Auto Trader Group stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of GBX 549 ($7.17), for a total transaction 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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