Shore Capital Group Reaffirms House Stock Rating for Motorpoint Group (LON:MOTR)

Motorpoint Group (LON:MOTR)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital Group in a research note issued to investors on Thursday, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating on the stock in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Motorpoint Group has a consensus rating of “Buy” and an average target price of GBX 170.

Motorpoint Group Stock Down 2.9%

Shares of MOTR opened at GBX 118 on Thursday. The firm has a market cap of £93.97 million, a P/E ratio of 17.88 and a beta of 0.83. The stock has a 50 day simple moving average of GBX 125.78 and a two-hundred day simple moving average of GBX 129.81. The company has a debt-to-equity ratio of 296.15, a current ratio of 1.00 and a quick ratio of 0.12. Motorpoint Group has a 1 year low of GBX 111 and a 1 year high of GBX 190.

Motorpoint Group (LON:MOTR) last posted its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 EPS for the quarter. The firm had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. On average, analysts forecast that Motorpoint Group will post 3.5133843 earnings per share for the current fiscal year.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.