AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) Upgraded to “Buy” by Goldman Sachs Group

Goldman Sachs Group upgraded shares of AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) from a neutral rating to a buy rating in a research note published on Monday, The Fly reports.

Several other analysts have also issued reports on ATDRY. ValuEngine upgraded shares of AUTO TRADER GRP/ADR from a strong sell rating to a sell rating in a research report on Wednesday, October 30th. UBS Group upgraded shares of AUTO TRADER GRP/ADR from a sell rating to a neutral rating in a research report on Tuesday, December 3rd. HSBC upgraded shares of AUTO TRADER GRP/ADR from a hold rating to a buy rating in a research report on Friday, December 13th. Finally, Zacks Investment Research lowered shares of AUTO TRADER GRP/ADR from a buy rating to a hold rating in a research report on Wednesday, January 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $2.00.

ATDRY opened at $1.91 on Monday. The firm has a 50 day moving average price of $1.88 and a 200-day moving average price of $1.70. AUTO TRADER GRP/ADR has a twelve month low of $1.43 and a twelve month high of $2.00. The stock has a market capitalization of $7.10 billion, a price-to-earnings ratio of 27.21 and a beta of 0.68.

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 3rd will be given a dividend of $0.006 per share. The ex-dividend date of this dividend is Thursday, January 2nd. AUTO TRADER GRP/ADR’s dividend payout ratio (DPR) is 14.29%.

AUTO TRADER GRP/ADR 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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