Peel Hunt Reaffirms Buy Rating for Auto Trader Group (AUTO)

Peel Hunt reissued their buy rating on shares of Auto Trader Group (LON:AUTO) in a research report report published on Wednesday.

A number of other research firms have also issued reports on AUTO. Liberum Capital reissued a buy rating on shares of Auto Trader Group in a research note on Tuesday, October 9th. Barclays lowered shares of Auto Trader Group to an equal weight rating and boosted their target price for the company from GBX 435 ($5.68) to GBX 460 ($6.01) in a research note on Tuesday, September 25th. Shore Capital reissued a hold rating on shares of Auto Trader Group in a research note on Thursday, November 1st. UBS Group raised shares of Auto Trader Group to a buy rating and set a GBX 445 ($5.81) target price for the company in a research note on Wednesday, October 31st. Finally, Credit Suisse Group reissued an underperform rating on shares of Auto Trader Group in a research note on Thursday, August 23rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. Auto Trader Group has an average rating of Hold and a consensus price target of GBX 424.92 ($5.55).

Auto Trader Group stock opened at GBX 436.90 ($5.71) on Wednesday. Auto Trader Group has a 52-week low of GBX 313 ($4.09) and a 52-week high of GBX 445 ($5.81).

The business also recently declared a dividend, which will be paid on Friday, January 25th. Stockholders of record on Thursday, January 3rd will be paid a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 0.48%. The ex-dividend date is Thursday, January 3rd.

In other news, insider Trevor Mather sold 48,753 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of GBX 433 ($5.66), for a total value of £211,100.49 ($275,840.18).

About Auto Trader Group

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

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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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