Several other analysts also recently weighed in on the company. UBS Group downgraded Auto Trader Group to a neutral rating and upped their price target for the stock from GBX 425 ($5.48) to GBX 445 ($5.74) in a research note on Tuesday. Credit Suisse Group restated an underperform rating on shares of Auto Trader Group in a research note on Thursday, August 23rd. Shore Capital restated a hold rating on shares of Auto Trader Group in a research note on Thursday, August 16th. JPMorgan Chase & Co. upped their price target on Auto Trader Group from GBX 326 ($4.21) to GBX 328 ($4.23) and gave the stock an underweight rating in a research note on Friday, July 13th. Finally, Berenberg Bank upgraded Auto Trader Group to a hold rating and upped their price target for the stock from GBX 350 ($4.51) to GBX 365 ($4.71) in a research note on Friday, June 8th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 414.79 ($5.35).
Auto Trader Group stock opened at GBX 433.50 ($5.59) on Wednesday. Auto Trader Group has a twelve month low of GBX 313 ($4.04) and a twelve month high of GBX 445 ($5.74).
Auto Trader Group Company Profile
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
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