Auto Trader Group (LON:AUTO) Price Target Cut to GBX 526 by Analysts at Citigroup

Auto Trader Group (LON:AUTO) had its price objective decreased by equities research analysts at Citigroup from GBX 880 to GBX 526 in a report released on Thursday,London Stock Exchange reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 10.60% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on AUTO. Berenberg Bank lowered their price target on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating on the stock in a report on Friday, January 9th. JPMorgan Chase & Co. lowered their price target on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating on the stock in a report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a report on Friday, March 27th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of GBX 630.50.

Auto Trader Group Stock Performance

AUTO opened at GBX 475.60 on Thursday. The stock has a market cap of £3.91 billion, a P/E ratio of 14.30, a P/E/G ratio of 3.99 and a beta of 0.68. The company has a debt-to-equity ratio of 10.48, a current ratio of 1.77 and a quick ratio of 1.50. The stock’s 50 day simple moving average is GBX 480.73 and its 200 day simple moving average is GBX 607.07. Auto Trader Group has a 1-year low of GBX 445.80 and a 1-year high of GBX 920.

About Auto Trader Group

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.