Shore Capital Group Reiterates House Stock Rating for Motorpoint Group (LON:MOTR)

Motorpoint Group (LON:MOTR)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital Group in a research report issued to clients and investors on Thursday,London Stock Exchange reports.

Separately, Deutsche Bank Aktiengesellschaft cut their price objective on Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating on the stock in a research note on Tuesday, June 16th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 170.

Motorpoint Group Price Performance

Shares of MOTR stock opened at GBX 125.33 on Thursday. The firm has a fifty day moving average of GBX 126.19 and a two-hundred day moving average of GBX 129.98. The firm has a market cap of £99.80 million, a P/E ratio of 18.99 and a beta of 0.83. Motorpoint Group has a 1-year low of GBX 111 and a 1-year high of GBX 190. The company has a debt-to-equity ratio of 296.15, a current ratio of 1.00 and a quick ratio of 0.12.

Motorpoint Group (LON:MOTR) last issued 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, research analysts anticipate that Motorpoint Group will post 3.5133843 earnings per share for the current fiscal year.

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.