Auto Trader Group (LON:AUTO) Given New GBX 816 Price Target at Deutsche Bank Aktiengesellschaft

Auto Trader Group (LON:AUTO) had its price objective reduced by Deutsche Bank Aktiengesellschaft from GBX 850 to GBX 816 in a research report report published on Friday,London Stock Exchange reports. They currently have a buy rating on the stock.

Several other brokerages have also commented on AUTO. Berenberg Bank cut their price objective on Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating for the company in a report on Friday, January 9th. Citigroup dropped their target price on Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a research report on Friday, November 28th. Finally, JPMorgan Chase & Co. cut their price target on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating for the company in a research note on Thursday, March 19th. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Auto Trader Group has a consensus rating of “Moderate Buy” and an average price target of GBX 719.

Auto Trader Group Price Performance

Shares of AUTO opened at GBX 447 on Friday. The firm has a fifty day simple moving average of GBX 495.02 and a two-hundred day simple moving average of GBX 625.89. The firm has a market cap of £3.71 billion, a PE ratio of 13.44, a P/E/G ratio of 3.99 and a beta of 0.71. The company has a current ratio of 1.77, a quick ratio of 1.50 and a debt-to-equity ratio of 10.48. Auto Trader Group has a 1-year low of GBX 446.70 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.