Auto Trader Group’s (AUTO) Underweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Auto Trader Group (LON:AUTO) in a research report released on Wednesday morning, MarketBeat Ratings reports.

Other analysts also recently issued research reports about the stock. Citigroup cut their price objective on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating for the company in a report on Friday, November 28th. Berenberg Bank lowered their price objective on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating on the stock in a research note on Friday, January 9th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Auto Trader Group has an average rating of “Hold” and an average target price of GBX 725.

Auto Trader Group Price Performance

Shares of AUTO opened at GBX 538 on Wednesday. Auto Trader Group has a fifty-two week low of GBX 533.80 and a fifty-two week high of GBX 920. The firm has a market capitalization of £4.56 billion, a PE ratio of 16.18, a PEG ratio of 3.99 and a beta of 0.78. The company’s 50-day moving average is GBX 591.67 and its 200-day moving average is GBX 720. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings data on Thursday, November 6th. The company reported GBX 17.26 earnings per share (EPS) for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Equities analysts forecast that Auto Trader Group will post 32.7973074 EPS for the current year.

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.