Shares of Auto Trader Group plc (LON:AUTO – Get Rating) now receive an average of ‘hold’ recommendations from the eight rating agencies that currently cover the company, Marketbeat.com reports. . One analyst rated the stock with a sell recommendation, five assigned a hold recommendation, and two assigned a buy recommendation to the company. The average 12-month price target for analysts who published stock ratings last year is GBX 628.83 ($7.59).
Several equity analysts have recently focused on AUTO stocks. Deutsche Bank Aktiengesellschaft cuts Autotrader Group’s price target from his GBX 720 ($8.69) to his GBX 700 ($8.45), giving the stock a ‘buy’ rating in a research report on Wednesday, Nov. 9. Set up. Shore Capital restated its ‘Hold’ rating on Auto Trader Group shares in a report on Thursday, November 3rd. Barclays restated its ‘equal-weighted’ rating in its Wednesday Sept. 7 report and issued a price target of GBX 660 ($7.97) to Auto Trader Group shares. JPMorgan Chase & Co. lowered its Auto Trader Group price target from GBX 596 ($7.19) to GBX 528 ($6.37), ‘underweight’ stocks, in a report on Tuesday, Oct. 18. set the rating. Finally, Citigroup reiterated its ‘neutral’ rating and issued a price target of GBX 530 ($6.40) to Auto Trader Group shares in a report on Friday, Oct. 14.
Auto Trader Group shares drop 0.7%
Auto Trader Group shares opened Wednesday at GBX 518.20 ($6.25). The company has a debt to equity ratio of 15.76, a quick ratio of 1.50 and a current ratio of 1.61. The company has a market capitalization of £4.83 billion and a price/earnings ratio of 2,072.80. Auto Trader Group’s 52-week low is GBX 479.80 ($5.79) and 52-week high is GBX 749 ($9.04). The stock price has a 50-day moving average of GBX 547.24 and a 200-day moving average of GBX 577.75.
Auto Trader Group Cuts Dividend
The company recently announced a dividend to be paid out on Friday, January 27th. Shareholders of record on Thursday, January 5th will be awarded a dividend of GBX 2.80 ($0.03). The ex-dividend date for this dividend is January 5 (Thursday). This represents a dividend yield of 0.51%. The Auto Trader Group payout percentage is 32.80%.
Auto Trader Group Company Profile
(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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