JPMorgan Chase & Co. Boosts Auto Trader Group (LON:AUTO) Price Target to GBX 635

Auto Trader Group (LON:AUTO) had its target price boosted by research analysts at JPMorgan Chase & Co. from GBX 630 to GBX 635 in a research report issued to clients and investors on Wednesday, MarketBeat reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 4.37% from the stock’s current price.

AUTO has been the topic of several other research reports. Berenberg Bank reiterated a “hold” rating and set a GBX 830 price target on shares of Auto Trader Group in a report on Thursday, November 6th. Citigroup reduced their target price on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating on the stock in a research note on Friday, November 28th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 781.67.

Auto Trader Group Trading Down 2.2%

Shares of Auto Trader Group stock opened at GBX 608.40 on Wednesday. The stock has a market cap of £5.25 billion, a P/E ratio of 19.28, a P/E/G ratio of 3.99 and a beta of 0.78. The stock’s 50 day simple moving average is GBX 738.10 and its 200-day simple moving average is GBX 789.38. Auto Trader Group has a 1-year low of GBX 606.80 and a 1-year high of GBX 920. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50.

Auto Trader Group (LON:AUTO) last posted its quarterly earnings results on Thursday, November 6th. The company reported GBX 17.26 EPS for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. Analysts predict that Auto Trader Group will post 32.7973074 EPS for the current fiscal year.

About Auto Trader Group

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.