Auto Trader Group’s (AUTO) Hold Rating Reiterated at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Auto Trader Group (LON:AUTOGet Rating) in a research note released on Thursday morning, Marketbeat.com reports.

A number of other equities analysts have also recently issued reports on AUTO. Morgan Stanley restated an overweight rating on shares of Auto Trader Group in a report on Wednesday, May 11th. Citigroup restated a neutral rating on shares of Auto Trader Group in a report on Thursday, May 5th. JPMorgan Chase & Co. cut their price target on Auto Trader Group from GBX 601 ($7.41) to GBX 586 ($7.22) and set an underweight rating on the stock in a report on Tuesday, May 3rd. Deutsche Bank Aktiengesellschaft restated a buy rating on shares of Auto Trader Group in a report on Tuesday, February 8th. Finally, Royal Bank of Canada reaffirmed a sector perform rating and set a GBX 720 ($8.88) target price on shares of Auto Trader Group in a research report on Thursday, March 24th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Auto Trader Group has an average rating of Hold and an average target price of GBX 690.67 ($8.51).

Auto Trader Group stock opened at GBX 549 ($6.77) on Thursday. The stock has a market capitalization of £5.18 billion and a price-to-earnings ratio of 26.43. Auto Trader Group has a 52-week low of GBX 531.20 ($6.55) and a 52-week high of GBX 751.40 ($9.26). The stock’s 50 day moving average price is GBX 627.17 and its two-hundred day moving average price is GBX 664.78. The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.65 and a current ratio of 1.77.

Auto Trader Group Company Profile (Get Rating)

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers, 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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