Jefferies Financial Group Boosts Auto Trader Group (LON:AUTO) Price Target to GBX 935

Auto Trader Group (LON:AUTO) had its target price boosted by Jefferies Financial Group from GBX 830 ($10.50) to GBX 935 ($11.83) in a report published on Tuesday, MarketBeat.com reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently commented on AUTO. JPMorgan Chase & Co. lifted their target price on shares of Auto Trader Group from GBX 608 ($7.69) to GBX 624 ($7.89) and gave the stock an underweight rating in a research note on Friday, May 31st. Shore Capital reaffirmed a hold rating on shares of Auto Trader Group in a research note on Thursday, May 30th.

Auto Trader Group Stock Performance

AUTO opened at GBX 800.40 ($10.12) on Tuesday. The firm has a market capitalization of £7.19 billion, a PE ratio of 3,201.60, a PEG ratio of 3.99 and a beta of 0.67. Auto Trader Group has a twelve month low of GBX 584.80 ($7.40) and a twelve month high of GBX 849 ($10.74). The firm’s 50-day moving average price is GBX 774.81 and its 200 day moving average price is GBX 737.37. The company has a current ratio of 1.64, a quick ratio of 1.50 and a debt-to-equity ratio of 11.33.

Auto Trader Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be paid a GBX 6.40 ($0.08) dividend. This represents a dividend yield of 0.88%. This is an increase from Auto Trader Group’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, August 29th. Auto Trader Group’s payout ratio is 3,600.00%.

Auto Trader Group Company Profile

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides 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.