Auction Technology Group’s (ATG) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

by · The Markets Daily

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Auction Technology Group (LON:ATG – Free Report) in a report published on Friday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 815 price target on the stock.

Separately, Berenberg Bank upped their price objective on shares of Auction Technology Group from GBX 460 to GBX 490 and gave the stock a “buy” rating in a report on Friday, July 24th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Auction Technology Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 555.

Read Our Latest Report on Auction Technology Group

Auction Technology Group Stock Performance

LON:ATG opened at GBX 479.20 on Friday. The stock has a market cap of £580.26 million, a P/E ratio of -3.86 and a beta of 0.69. The firm’s fifty day simple moving average is GBX 449.52 and its 200 day simple moving average is GBX 421.20. Auction Technology Group has a twelve month low of GBX 259.50 and a twelve month high of GBX 493.80. The company has a quick ratio of 1.36, a current ratio of 0.94 and a debt-to-equity ratio of 32.55.

Auction Technology Group Company Profile

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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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