Auto Trader Group (LON:AUTO) Receives Sell Rating from UBS Group

Auto Trader Group (LON:AUTO)‘s stock had its “sell” rating restated by investment analysts at UBS Group in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 470 price target on the stock. UBS Group’s price target would indicate a potential downside of 3.17% from the company’s current price.

A number of other equities research analysts also recently weighed in on AUTO. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. Citigroup cut their target price on shares of Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating for the company in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 598.40.

Auto Trader Group Stock Down 0.9%

Shares of LON:AUTO opened at GBX 485.40 on Monday. The stock has a market capitalization of £3.96 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. Auto Trader Group has a 1-year low of GBX 445.80 and a 1-year high of GBX 920. The company’s fifty day moving average is GBX 487.58 and its two-hundred day moving average is GBX 556.27. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.50 and a current ratio of 1.77.

About Auto Trader Group

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.