Auto Trader Group (LON:AUTO) Given New GBX 635 Price Target at JPMorgan Chase & Co.

by · The Cerbat Gem

Auto Trader Group (LON:AUTO – Get Free Report) had its target price upped by equities research analysts at JPMorgan Chase & Co. from GBX 630 to GBX 635 in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 2.06% from the stock’s current price.

AUTO has been the subject of several other reports. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 830 target price on shares of Auto Trader Group in a research report on Thursday, November 6th. Citigroup reduced their price target on shares of 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. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 781.67.

Read Our Latest Stock Analysis on AUTO

Auto Trader Group Trading Up 0.2%

LON:AUTO traded up GBX 1.40 during trading hours on Wednesday, hitting GBX 622.20. 3,316,431 shares of the company were exchanged, compared to its average volume of 8,635,281. Auto Trader Group has a one year low of GBX 615.40 and a one year high of GBX 920. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The stock has a market capitalization of £5.37 billion, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company has a fifty day simple moving average of GBX 744.03 and a 200 day simple moving average of GBX 791.84.

Auto Trader Group (LON:AUTO – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported GBX 17.26 EPS for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Sell-side analysts expect that Auto Trader Group will post 32.7973074 EPS for the current fiscal year.

About Auto Trader Group

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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.

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