Auto Trader Group Plc (LON:AUTO) Rating Reaffirmed
London: In analysts note revealed to investors and clients on 14 December, Jefferies International reaffirmed their “Buy” rating on Auto Trader Group Plc (LON:AUTO) shares. They now have a GBX 520.00 target price on the firm. Jefferies International’s target would suggest a potential upside of 19.35% from the company’s close price.
From a total of 10 analysts covering Auto Trader Group (LON:AUTO) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 64% of the ratings are positive. The highest target price is GBX 450 while the lowest target price is GBX 350. The mean of all analyst targets is GBX 401.4 with a -8.22% below today’s (GBX 435.7) stock price. Auto Trader Group was the topic of 18 analyst reports since August 19, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 360 target share price in a report from a November 16. Barclays Capital maintained AUTO stock in a recent report from November 17 with “Equal Weight” rating. Peel Hunt maintained the rating on November 13. Peel Hunt has a “Add” rating and a GBX 375 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 16.
Approximately 706,452 shares of stock traded hands. Auto Trader Group PLC (LON:AUTO) has risen 43.66% since May 15, 2015 and is uptrending. It has outperformed by 48.08% the S&P500.
Auto Trader Group plc is a United Kingdom digital automotive company. The company has a market cap of 4.36 billion GBP. The Firm is engaged in the business of buying and selling vehicles. It currently has negative earnings.