Auto Trader Group plc (LON:AUTO) Stock Has Consensus Target Price of GBX 562.43 According to Brokerages

Shares of Auto Trader Group plc (LON:AUTO) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 562.43.

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada lowered their price objective on shares of Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research report on Friday, July 17th. JPMorgan Chase & Co. cut their price objective on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group upgraded shares of Auto Trader Group to a “buy” rating and raised their target price for the stock from GBX 545 to GBX 640 in a research note on Tuesday, September 8th.

Auto Trader Group Price Performance

Auto Trader Group stock opened at GBX 542.20 on Friday. The company has a debt-to-equity ratio of 51.83, a current ratio of 1.73 and a quick ratio of 1.50. The business has a 50 day simple moving average of GBX 503.21 and a 200-day simple moving average of GBX 496.28. Auto Trader Group has a 12 month low of GBX 418.60 and a 12 month high of GBX 828.80. The stock has a market capitalization of £4.16 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 3.99 and a beta of 0.72.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.