Peel Hunt upgraded shares of Auto Trader Group (LON:AUTO) to an add rating in a report published on Monday morning, Stock Target Advisor reports.
A number of other equities research analysts have also recently weighed in on AUTO. UBS Group upgraded Auto Trader Group to a neutral rating and upped their price target for the stock from GBX 510 ($6.71) to GBX 560 ($7.37) in a report on Tuesday, December 3rd. Deutsche Bank restated a hold rating on shares of Auto Trader Group in a report on Friday, November 8th. Liberum Capital restated a buy rating on shares of Auto Trader Group in a report on Tuesday, January 14th. Credit Suisse Group increased their target price on Auto Trader Group from GBX 440 ($5.79) to GBX 480 ($6.31) and gave the company an underperform rating in a report on Thursday, January 16th. Finally, Peel Hunt reiterated a hold rating and set a GBX 570 ($7.50) target price on shares of Auto Trader Group in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Auto Trader Group presently has an average rating of Hold and a consensus price target of GBX 572.64 ($7.53).
AUTO opened at GBX 584.20 ($7.68) on Monday. The stock has a market cap of $5.39 billion and a P/E ratio of 26.20. The company has a debt-to-equity ratio of 351.73, a current ratio of 2.01 and a quick ratio of 1.94. The stock’s 50 day simple moving average is GBX 579.27 and its 200 day simple moving average is GBX 545.28. Auto Trader Group has a 1-year low of GBX 442.90 ($5.83) and a 1-year high of GBX 613.80 ($8.07).
The business also recently announced a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd will be issued a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, January 2nd. Auto Trader Group’s dividend payout ratio (DPR) is presently 0.31%.
Auto Trader Group Company Profile
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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