Auto Trader Group (LON:AUTO – Get Rating)In a research note issued to investors on Friday, Citigroup’s stock reaffirmed its “neutral” rating, as reported by Marketbeat.com. They currently have a price target of GBX 530 ($6.40). Citigroup’s price target suggests a 0.11% gain from the previous closing price.
AUTO has been the topic of many other research reports. Shore Capital reaffirmed its ‘pending’ rating on Auto Trader Group’s shares in a research report on Wednesday, Sept. 7. JPMorgan Chase & Co. reiterated its ‘underweight’ rating and set a price target of GBX 596 ($7.20) on Auto Trader Group shares in a report on Wednesday, Sept. 7. Finally, in his Wednesday Sept. 7 report, Barclays reiterated its ‘equal-weighted’ rating and set his GBX 660 ($7.97) price target on Auto Trader Group shares. One investment analyst gave him a sell rating, five gave a hold rating, and five gave a buy rating. According to MarketBeat.com, the stock currently has an average rating of Hold and an average target price of GBX 689.56 ($8.33).
Auto Trader Group stock gains 1.3%
AUTO shares climbed GBX 6.80 ($0.08) to reach GBX 529.40 ($6.40) in midday trading on Friday. The stock traded 1,031,526 shares with an average turnover of 2,741,399 shares. The company’s 50-day simple moving average is GBX 612.78 and its 200-day simple moving average is GBX 599.69. The Auto Trader Group has a 12-month low of GBX 488.70 ($5.91) and a 12-month high of GBX 751.40 ($9.08). The company has a market capitalization of £4.97 billion and a price/earnings multiple of 2,040.00. The company has a debt to equity ratio of 2.01, a current ratio of 2.19 and a quick ratio of 2.09.
About Auto Trader Group
(get rating)
Auto Trader Group plc operates in the digital automotive market in the UK and Ireland. The company offers vehicle advertising on websites for private sellers, as well as consumer insurance and financing products. Display ads on the websites of manufacturers and their advertising agencies.
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