Auto Trader Group (AUTO) Cut to Neutral at BNP Paribas

BNP Paribas cut shares of Auto Trader Group (LON:AUTO) to a neutral rating in a research report sent to investors on Thursday morning. The brokerage currently has GBX 370 ($5.23) target price on the stock.

AUTO has been the topic of a number of other research reports. Deutsche Bank reaffirmed a hold rating and set a GBX 370 ($5.23) target price on shares of Auto Trader Group in a research note on Thursday, January 25th. Numis Securities reaffirmed a buy rating and set a GBX 523 ($7.39) target price on shares of Auto Trader Group in a research note on Friday, March 16th. Peel Hunt reaffirmed a buy rating and set a GBX 400 ($5.65) target price on shares of Auto Trader Group in a research note on Monday, February 26th. Credit Suisse Group reaffirmed an underperform rating and set a GBX 330 ($4.66) target price on shares of Auto Trader Group in a research note on Monday, March 19th. Finally, Barclays cut their target price on Auto Trader Group from GBX 425 ($6.01) to GBX 415 ($5.87) and set an overweight rating on the stock in a research note on Monday, January 29th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. Auto Trader Group has a consensus rating of Hold and an average price target of GBX 405.61 ($5.73).

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AUTO opened at GBX 338.90 ($4.79) on Thursday. Auto Trader Group has a one year low of GBX 313 ($4.42) and a one year high of GBX 445 ($6.29).

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About Auto Trader Group

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers products and services to retailers and home traders to support its online activities. The company provides vehicle advertisement on its Websites for private sellers; and display advertising on its Websites for manufacturers and their advertising agencies, as well as insurance and loan financing products to consumers.

Analyst Recommendations for Auto Trader Group (LON:AUTO)

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