Motorpoint Group (LON:MOTR) Price Target Lowered to GBX 170 at Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR) had its target price cut by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 170 in a report released on Tuesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 32.04% from the company’s previous close.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Motorpoint Group in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Motorpoint Group currently has an average rating of “Buy” and an average price target of GBX 170.

Motorpoint Group Stock Performance

Shares of MOTR stock opened at GBX 128.75 on Tuesday. The firm’s 50 day moving average is GBX 128.50 and its 200 day moving average is GBX 132.14. The company has a current ratio of 1.00, a quick ratio of 0.12 and a debt-to-equity ratio of 296.15. Motorpoint Group has a 12 month low of GBX 111 and a 12 month high of GBX 190. The stock has a market capitalization of £102.53 million, a P/E ratio of 25.75 and a beta of 0.77.

Motorpoint Group (LON:MOTR) last posted its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 EPS for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%.The firm had revenue of GBX 126.86 billion during the quarter. On average, sell-side analysts anticipate that Motorpoint Group will post 3.5133843 earnings per share for the current year.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.