Peel Hunt Lowers Auto Trader Group (AUTO) to Add

Peel Hunt lowered shares of Auto Trader Group (LON:AUTO) to an add rating in a research note released on Wednesday morning.

Other research analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating and issued a GBX 480 ($6.74) price objective on shares of Auto Trader Group in a report on Tuesday, December 19th. Goldman Sachs cut shares of Auto Trader Group to a neutral rating and dropped their price objective for the company from GBX 468 ($6.57) to GBX 370 ($5.19) in a report on Tuesday, January 23rd. Deutsche Bank restated a hold rating and issued a GBX 370 ($5.19) price objective on shares of Auto Trader Group in a report on Thursday, January 25th. Barclays dropped their price objective on shares of Auto Trader Group from GBX 425 ($5.97) to GBX 415 ($5.83) and set an overweight rating for the company in a report on Monday, January 29th. Finally, Numis Securities restated a buy rating and issued a GBX 520 ($7.30) price objective on shares of Auto Trader Group in a report on Thursday, February 1st. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company. Auto Trader Group presently has a consensus rating of Hold and a consensus price target of GBX 407.71 ($5.72).

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Shares of AUTO opened at GBX 347.10 ($4.87) on Wednesday. Auto Trader Group has a 1-year low of GBX 313 ($4.39) and a 1-year high of GBX 445 ($6.25).

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Auto Trader Group Company Profile

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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