Motorpoint Group (LON:MOTR) Receives “Buy” Rating from Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, London Stock Exchange reports. They presently have a GBX 170 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 30.77% from the company’s current price.

Separately, Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a report on Wednesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Motorpoint Group presently has a consensus rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Price Performance

Shares of LON:MOTR opened at GBX 130 on Thursday. The company has a debt-to-equity ratio of 856.92, a quick ratio of 0.12 and a current ratio of 1.00. The firm has a fifty day moving average price of GBX 124.69 and a 200 day moving average price of GBX 127.38. Motorpoint Group has a fifty-two week low of GBX 111 and a fifty-two week high of GBX 171. The firm has a market cap of £103.52 million, a price-to-earnings ratio of 19.70 and a beta of 0.82.

Motorpoint Group (LON:MOTR) last announced its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 EPS for the quarter. The business had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. As a group, sell-side analysts expect that Motorpoint Group will post 3.5133843 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Keith Mansfield acquired 43,124 shares of the company’s stock in a transaction on Monday, July 27th. The stock was bought at an average cost of GBX 125 per share, with a total value of £53,905. 22.21% of the stock is owned by insiders.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.