Auto Trader Group’s (LON:AUTO) “Buy” Rating Reiterated at Numis Securities

Auto Trader Group (LON:AUTO)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities in a research note issued to investors on Friday, March 16th. They presently have a GBX 523 ($7.34) price target on the stock. Numis Securities’ target price points to a potential upside of 50.68% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Liberum Capital restated a “buy” rating and set a GBX 480 ($6.74) target price on shares of Auto Trader Group in a research report on Thursday, February 1st. Peel Hunt began coverage on shares of Auto Trader Group in a research report on Thursday, November 30th. They set a “buy” rating and a GBX 400 ($5.61) target price on the stock. Jefferies Group reduced their price target on shares of Auto Trader Group from GBX 520 ($7.30) to GBX 360 ($5.05) and set a “buy” rating on the stock in a research report on Monday, November 27th. Citigroup reiterated a “buy” rating and set a GBX 450 ($6.32) price target on shares of Auto Trader Group in a research report on Friday, March 16th. Finally, Deutsche Bank dropped their price objective on shares of Auto Trader Group from GBX 390 ($5.47) to GBX 370 ($5.19) and set a “hold” rating for the company in a research note on Monday, December 4th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 407.71 ($5.72).

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Auto Trader Group stock traded down GBX 1.80 ($0.03) during trading hours on Friday, hitting GBX 347.10 ($4.87). The company had a trading volume of 2,788,877 shares, compared to its average volume of 5,830,000. Auto Trader Group has a one year low of GBX 313 ($4.39) and a one year high of GBX 445 ($6.25).

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About Auto Trader Group

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers products and services to retailers and home traders to support its online activities. The company provides vehicle advertisement on its Websites for private sellers; and display advertising on its Websites for manufacturers and their advertising agencies, as well as insurance and loan financing products to consumers.

Analyst Recommendations for Auto Trader Group (LON:AUTO)

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