Auto Trader Group PLC (LON:AUTO) has been assigned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 438.77 ($5.35).
Several research firms have recently weighed in on AUTO. Barclays PLC lifted their price objective on shares of Auto Trader Group PLC from GBX 375 ($4.57) to GBX 390 ($4.75) and gave the company an “equal weight” rating in a research note on Monday, October 3rd. Canaccord Genuity lifted their price objective on shares of Auto Trader Group PLC from GBX 395 ($4.81) to GBX 456 ($5.56) and gave the company a “buy” rating in a research note on Wednesday, September 28th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 495 ($6.03) price objective on shares of Auto Trader Group PLC in a research note on Tuesday, September 20th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 400 ($4.88) price objective on shares of Auto Trader Group PLC in a research note on Tuesday, September 13th. Finally, Bank of America Corp. began coverage on shares of Auto Trader Group PLC in a research note on Friday, September 2nd. They issued a “buy” rating and a GBX 500 ($6.09) price objective for the company.
Shares of Auto Trader Group PLC (LON:AUTO) opened at 374.00 on Thursday. The firm has a 50-day moving average of GBX 393.82 and a 200-day moving average of GBX 382.69. The firm’s market cap is GBX 3.74 billion. Auto Trader Group PLC has a 52 week low of GBX 307.80 and a 52 week high of GBX 455.00.
Auto Trader Group PLC Company Profile
Auto Trader Group plc is a United Kingdom-based digital automotive company. The Company is engaged in the business of buying and selling vehicles. The Company also has operations in Ireland.
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