Auto Trader Group plc (LON:AUTO) Receives GBX 549.50 Consensus Target Price from Analysts

Shares of Auto Trader Group plc (LON:AUTO) have been given an average recommendation of “Reduce” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 549.50.

A number of research firms recently commented on AUTO. JPMorgan Chase & Co. decreased their target price on shares of Auto Trader Group from GBX 445 to GBX 440 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. UBS Group reaffirmed a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a report on Monday, May 18th. Berenberg Bank lowered their price target on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a report on Tuesday, May 26th. Finally, Royal Bank Of Canada lowered their price objective on Auto Trader Group from GBX 830 to GBX 535 and set a “sector perform” rating on the stock in a research report on Friday, July 17th.

Auto Trader Group Stock Up 0.3%

Shares of Auto Trader Group stock opened at GBX 527.29 on Tuesday. The stock has a market cap of £4.13 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 3.99 and a beta of 0.69. The firm’s 50-day moving average is GBX 501.27 and its two-hundred day moving average is GBX 489.45. The company has a debt-to-equity ratio of 51.83, a current ratio of 1.73 and a quick ratio of 1.50. Auto Trader Group has a 1 year low of GBX 418.60 and a 1 year high of GBX 831.20.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. The company had revenue of £624.30 million during the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. As a group, research analysts expect that Auto Trader Group will post 32.7973074 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Nathan Coe sold 70,158 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 497, for a total transaction of £348,685.26. Also, insider Jamie Warner sold 32,481 shares of Auto Trader Group stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £161,430.57. Insiders acquired 69,952 shares of company stock valued at $31,918,459 in the last 90 days. Corporate insiders own 3.54% of the company’s stock.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.