Auction Technology Group (LON:ATG) Stock Rating Reaffirmed as Buy by Deutsche Bank Aktiengesellschaft

by · The Markets Daily

Auction Technology Group (LON:ATG – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 815 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price objective would suggest a potential upside of 70.08% from the stock’s current price.

Separately, Berenberg Bank raised their target price on Auction Technology Group from GBX 460 to GBX 490 and gave the stock a “buy” rating in a research note on Friday, July 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Auction Technology Group currently has an average rating of “Moderate Buy” and an average target price of GBX 555.

View Our Latest Report on ATG

Auction Technology Group Trading Up 0.2%

ATG opened at GBX 479.20 on Friday. Auction Technology Group has a one year low of GBX 259.50 and a one year high of GBX 493.80. The stock has a market capitalization of £580.26 million, a PE ratio of -3.86 and a beta of 0.69. The business’s 50 day moving average price is GBX 449.52 and its 200 day moving average price is GBX 421.20. The company has a debt-to-equity ratio of 32.55, a quick ratio of 1.36 and a current ratio of 0.94.

About Auction Technology Group

(Get Free Report)

Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.

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