Deutsche Bank Aktiengesellschaft Cuts Motorpoint Group (LON:MOTR) Price Target to GBX 180

Motorpoint Group (LON:MOTR) had its price target lowered by research analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 180 in a research report issued on Thursday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 38.42% from the company’s previous close.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 180.

Motorpoint Group Stock Down 3.7%

Shares of MOTR opened at GBX 130.04 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.12 and a debt-to-equity ratio of 226.34. Motorpoint Group has a 12 month low of GBX 112 and a 12 month high of GBX 190. The stock’s 50 day moving average is GBX 131.30 and its two-hundred day moving average is GBX 140.56. The firm has a market cap of £103.55 million, a P/E ratio of 26.01 and a beta of 0.70.

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.