Auto Trader Group’s (AUTO) “Add” Rating Reiterated at Peel Hunt

Peel Hunt restated their add rating on shares of Auto Trader Group (LON:AUTO) in a report released on Thursday.

Several other research analysts have also recently issued reports on AUTO. UBS reiterated a buy rating and issued a GBX 415 ($5.63) price objective on shares of Auto Trader Group in a research report on Tuesday, May 8th. Credit Suisse Group reiterated an underperform rating on shares of Auto Trader Group in a research report on Friday, May 4th. Deutsche Bank lowered their target price on Auto Trader Group from GBX 370 ($5.02) to GBX 355 ($4.82) and set a hold rating on the stock in a report on Tuesday, April 17th. Goldman Sachs lowered Auto Trader Group to a neutral rating and lowered their target price for the company from GBX 468 ($6.35) to GBX 370 ($5.02) in a report on Tuesday, January 23rd. Finally, Barclays lowered their target price on Auto Trader Group from GBX 425 ($5.77) to GBX 415 ($5.63) and set an overweight rating on the stock in a report on Monday, January 29th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 405.32 ($5.50).

Auto Trader Group opened at GBX 377.10 ($5.12) on Thursday, Marketbeat Ratings reports. Auto Trader Group has a 1 year low of GBX 313 ($4.25) and a 1 year high of GBX 445 ($6.04).

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)

Receive News & Ratings for Auto Trader Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply