Auto Trader Group (LON:AUTO) Price Target Raised to GBX 935

Auto Trader Group (LON:AUTO) had its price target increased by equities researchers at Jefferies Financial Group from GBX 830 ($10.50) to GBX 935 ($11.83) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 16.53% from the stock’s current price.

AUTO has been the topic of several other research reports. Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a research note on Thursday, May 30th. JPMorgan Chase & Co. boosted their price target on Auto Trader Group from GBX 608 ($7.69) to GBX 624 ($7.89) and gave the company an “underweight” rating in a research note on Friday, May 31st.

Auto Trader Group Stock Down 0.0 %

Shares of AUTO stock opened at GBX 802.40 ($10.15) on Tuesday. Auto Trader Group has a 1-year low of GBX 584.80 ($7.40) and a 1-year high of GBX 849 ($10.74). The stock’s fifty day moving average price is GBX 772.58 and its 200 day moving average price is GBX 736.93. The company has a debt-to-equity ratio of 11.33, a current ratio of 1.64 and a quick ratio of 1.50. The company has a market cap of £7.21 billion, a price-to-earnings ratio of 3,209.60, a price-to-earnings-growth ratio of 3.99 and a beta of 0.67.

About Auto Trader Group

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides 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.