Auto Trader Group plc (LON:AUTO) Given Average Rating of “Hold” by Analysts

Shares of Automobile Trader Group plc (LON:CarGet Ranking) have acquired an average recommendation of “Hold” from the twelve rankings corporations that are presently masking the corporation, MarketBeat.com stories. Two analysts have rated the inventory with a offer rating, five have provided a keep rating and 5 have provided a get score to the corporation. The normal 12 thirty day period selling price aim amongst brokers that have issued a report on the stock in the very last year is GBX 687 ($8.47).

Automobile has been the issue of a quantity of analyst studies. Morgan Stanley restated an “overweight” rating on shares of Car Trader Team in a exploration report on Wednesday, Could 11th. JPMorgan Chase & Co. slash their price aim on shares of Automobile Trader Group from GBX 601 ($7.41) to GBX 586 ($7.22) and set an “underweight” score for the enterprise in a research report on Tuesday, May perhaps 3rd. Berenberg Financial institution lower their selling price aim on shares of Vehicle Trader Group from GBX 745 ($9.18) to GBX 715 ($8.81) and set a “hold” score for the company in a analysis report on Tuesday, March 22nd. Shore Capital restated a “hold” score on shares of Auto Trader Team in a study report on Tuesday, March 22nd. Finally, Royal Bank of Canada reiterated a “sector perform” score and established a GBX 720 ($8.88) concentrate on selling price on shares of Car Trader Group in a investigate report on Thursday, March 24th.

Vehicle inventory opened at GBX 556.40 ($6.86) on Tuesday. The business has a 50 day moving ordinary of GBX 633.25 and a 200-day going normal of GBX 666.76. The corporation has a latest ratio of 1.77, a quick ratio of 1.65 and a credit card debt-to-fairness ratio of 2.50. Automobile Trader Group has a 12 thirty day period minimal of GBX 537 ($6.62) and a 12 month substantial of GBX 751.40 ($9.26). The company has a sector capitalization of £5.25 billion and a P/E ratio of 27.41.

About Auto Trader Group (Get Score)

Car Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It gives its products and solutions to retailers, property traders, and logistics companies car advertisement on its internet websites for non-public sellers, as properly as insurance and loan funding items to individuals and display promotion on its web sites for brands and their promotion agencies.

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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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