JPMorgan Chase & Co. Reiterates “Underweight” Rating for Auto Trader Group (LON:AUTO)

Auto Trader Group (LON:AUTO)‘s stock had its “underweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research report issued on Tuesday,Digital Look reports.

A number of other research analysts have also weighed in on AUTO. Shore Capital lowered Auto Trader Group to a “sell” rating in a report on Thursday, November 7th. Berenberg Bank dropped their target price on Auto Trader Group from GBX 880 ($11.10) to GBX 830 ($10.47) and set a “hold” rating on the stock in a report on Thursday, November 7th. Finally, Citigroup lifted their price target on Auto Trader Group from GBX 881 ($11.12) to GBX 946 ($11.94) and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 864.25 ($10.90).

Auto Trader Group Stock Down 0.6 %

Shares of AUTO stock traded down GBX 4.42 ($0.06) during trading hours on Tuesday, reaching GBX 780.98 ($9.85). The company had a trading volume of 2,092,935 shares, compared to its average volume of 8,004,484. Auto Trader Group has a 12 month low of GBX 666 ($8.40) and a 12 month high of GBX 899 ($11.34). The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The business has a fifty day simple moving average of GBX 790.14 and a 200-day simple moving average of GBX 824.06. The company has a market cap of £6.90 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78.

Auto Trader Group Company Profile

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.