JPMorgan Chase & Co. Reaffirms “Underweight” Rating for Auto Trader Group (LON:AUTO)

Auto Trader Group (LON:AUTO)‘s stock had its “underweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, MarketBeat reports.

AUTO has been the subject of several other research reports. Citigroup lowered their target price on shares of Auto Trader Group from GBX 924 to GBX 880 and set a “buy” rating for the company in a report on Friday, November 28th. Berenberg Bank decreased their price objective on shares of Auto Trader Group from GBX 830 to GBX 665 and set a “buy” rating for the company in a research note on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Auto Trader Group currently has a consensus rating of “Hold” and a consensus price target of GBX 725.

Auto Trader Group Price Performance

Shares of Auto Trader Group stock opened at GBX 534.20 on Wednesday. The stock has a market cap of £4.52 billion, a price-to-earnings ratio of 16.07, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66. The stock has a 50 day moving average price of GBX 594.10 and a 200-day moving average price of GBX 721.99. Auto Trader Group has a one year low of GBX 533.80 and a one year high of GBX 920.

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

Auto Trader Group Company Profile

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.