Several other equities analysts have also commented on the stock. Credit Suisse Group reaffirmed an underperform rating and set a GBX 330 ($4.73) price target on shares of Auto Trader Group in a research report on Monday, February 26th. Deutsche Bank dropped their price target on shares of Auto Trader Group from GBX 390 ($5.58) to GBX 370 ($5.30) and set a hold rating for the company in a research report on Monday, December 4th. Peel Hunt reissued a buy rating and issued a GBX 400 ($5.73) price objective on shares of Auto Trader Group in a research report on Thursday, January 4th. Jefferies Group dropped their price objective on shares of Auto Trader Group from GBX 520 ($7.45) to GBX 360 ($5.15) and set a buy rating for the company in a research report on Monday, November 27th. Finally, Shore Capital reissued a hold rating on shares of Auto Trader Group in a research report on Friday, March 16th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 404.78 ($5.80).
AUTO stock traded down GBX 1.10 ($0.02) on Friday, hitting GBX 339 ($4.85). 3,867,496 shares of the company were exchanged, compared to its average volume of 5,830,000. Auto Trader Group has a twelve month low of GBX 313 ($4.48) and a twelve month high of GBX 445 ($6.37).
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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.
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