Auto Trader Group PLC (LON:AUTO)‘s stock had its “buy” rating restated by equities research analysts at Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 495 ($6.46) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 21.92% from the company’s current price.

Several other equities analysts have also commented on AUTO. BNP Paribas increased their price objective on shares of Auto Trader Group PLC from GBX 420 ($5.48) to GBX 470 ($6.13) and gave the company an “outperform” rating in a research report on Wednesday, June 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 406 ($5.30) price objective on shares of Auto Trader Group PLC in a research report on Monday, June 27th. Panmure Gordon assumed coverage on shares of Auto Trader Group PLC in a research report on Thursday, July 7th. They issued a “buy” rating and a GBX 417 ($5.44) price objective for the company. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 400 ($5.22) price objective on shares of Auto Trader Group PLC in a research report on Tuesday, September 13th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 445 ($5.81) price objective on shares of Auto Trader Group PLC in a research report on Thursday, June 9th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Auto Trader Group PLC currently has an average rating of “Buy” and a consensus target price of GBX 432.92 ($5.65).

Analyst Recommendations for Auto Trader Group PLC (LON:AUTO)

Auto Trader Group PLC (LON:AUTO) opened at 405.40 on Tuesday. Auto Trader Group PLC has a 12-month low of GBX 307.80 and a 12-month high of GBX 455.00. The stock’s market cap is GBX 4.05 billion. The stock has a 50 day moving average of GBX 388.43 and a 200 day moving average of GBX 379.79.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/auto-trader-group-plcs-auto-buy-rating-reaffirmed-at-numis-securities-ltd.html

In other news, insider Keens,David W acquired 25,000 shares of the company’s stock in a transaction dated Friday, June 24th. The shares were acquired at an average price of GBX 358 ($4.67) per share, with a total value of £89,500 ($116,825.48).

Auto Trader Group PLC Company Profile

Auto Trader Group plc is a United Kingdom-based digital automotive company. The Company is engaged in the business of buying and selling vehicles. The Company also has operations in Ireland.

Receive News & Ratings for Auto Trader Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.