Auto Trader Group PLC (AUTO) Receives GBX 403.12 Consensus Price Target from Analysts

Shares of Auto Trader Group PLC (LON:AUTO) have been given a consensus recommendation of “Hold” by the nineteen analysts that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 403.12 ($5.57).

A number of analysts have recently weighed in on the stock. Shore Capital Group reissued a “hold” rating on shares of Auto Trader Group in a research report on Friday, November 3rd. reissued a “buy” rating and set a GBX 450 ($6.22) price target on shares of Auto Trader Group in a research report on Thursday, November 9th. reissued a “buy” rating and set a GBX 450 ($6.22) price target on shares of Auto Trader Group in a research report on Thursday, November 9th. Credit Suisse Group decreased their price target on shares of Auto Trader Group from GBX 360 ($4.97) to GBX 330 ($4.56) and set an “underperform” rating for the company in a research report on Friday, October 27th. Finally, Shore Capital reissued a “hold” rating on shares of Auto Trader Group in a research report on Thursday, November 9th.

Auto Trader Group (LON AUTO) traded up GBX 1.90 ($0.03) during mid-day trading on Friday, hitting GBX 364.70 ($5.04). 4,330,000 shares of the stock were exchanged, compared to its average volume of 3,640,000. Auto Trader Group has a twelve month low of GBX 313 ($4.32) and a twelve month high of GBX 445 ($6.15). The firm has a market capitalization of $3,500.00 and a P/E ratio of 2,145.29.

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About Auto Trader Group

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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