Auto Trader Group plc (OTCMKTS:ATDRY – Get Rating) has been given an average “moderate buy” recommendation by the 11 rating agencies currently covering the company, Marketbeat Ratings reports. One analyst rated the stock with a hold recommendation and three assigned a buy recommendation to the company. The average 12-month target price for brokers that covered equities last year is $592.29.
Several equity analysts are eyeing ATDRY stock. Berenberg Bank lowered Auto Trader Group’s target price from his GBX 690 ($8.31) to his GBX 635 ($7.65) in a research note on Monday, November 21. Credit Suisse Group increased Auto Trader Group’s target price from GBX 418 ($5.04) to GBX 441 ($5.31) in a research note on Friday, November 11th. UBS Group upgraded its rating on Auto Trader Group from ‘neutral’ to ‘buy’ in its research notes on Tuesday, November 1. JPMorgan Chase & Co. raised its Auto Trader Group price target from GBX 528 ($6.36) to GBX 550 ($6.63) in a research note on Friday, Dec. 2. Finally, Morgan Stanley, in its Friday, November 11 research notes, lowered its Auto Trader Group target price from GBX 565 ($6.81) to GBX 550 ($6.63).
Auto Trader Group Price Performance
ATDRY shares opened at $1.56 on Friday. His 50-day moving average price for the business is $1.59 and his 200-day moving average price is $1.65. The Auto Trader Group’s one-year low is $1.30 and the one-year high is $2.57.
Auto Trader Group Cuts Dividend
The company recently announced a dividend payable on Friday, February 10th. Dividends of $0.0065 per share will be issued to shareholders of record on Friday, January 6. The ex-dividend date is Thursday, January 5. This represents a dividend yield of 1.22%.
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.
Featured article
This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.
Listen to this before you consider Auto Trader Group.
MarketBeat tracks Wall Street’s most acclaimed and top performing research analysts and the stocks they recommend to clients every day. MarketBeat has identified 5 stocks top analysts are quietly whispering to their clients to buy now before the broader market catches on…and Auto Trader Group is not on the list. bottom.
Auto Trader Group currently has a ‘Hold’ rating among analysts, but top-rated analysts believe these five stocks are better buys.
See 5 stocks here
