Liberum Capital Reiterates Buy Rating for Auto Trader Group (AUTO)

Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 480 ($6.46) target price on the stock. Liberum Capital’s price target indicates a potential upside of 35.36% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Shore Capital Group reaffirmed a “hold” rating on shares of Auto Trader Group in a research note on Friday, November 3rd. reaffirmed a “buy” rating and issued a GBX 450 ($6.06) price objective on shares of Auto Trader Group in a research note on Thursday, November 9th. reissued a “buy” rating and set a GBX 450 ($6.06) price target on shares of Auto Trader Group in a research note on Thursday, November 9th. Panmure Gordon reissued a “buy” rating and set a GBX 395 ($5.32) price target on shares of Auto Trader Group in a research note on Thursday, November 9th. Finally, Shore Capital reissued a “hold” rating on shares of Auto Trader Group in a research note on Friday, November 3rd. Six analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the stock. Auto Trader Group has a consensus rating of “Hold” and a consensus price target of GBX 416.17 ($5.60).

Auto Trader Group (AUTO) opened at GBX 354.60 ($4.77) on Tuesday. Auto Trader Group has a one year low of GBX 313 ($4.21) and a one year high of GBX 445 ($5.99).

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Auto Trader Group Company Profile

Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company’s Websites, and also includes revenue derived from third-party services directed at consumers relating to their motoring needs, such as insurance and loan finance, and Display advertising, which consists of revenue from customers and advertising agencies for placing display advertising on the Company’s Websites.

Analyst Recommendations for Auto Trader Group (LON:AUTO)

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