Auto Trader Group PLC (AUTO) Receives GBX 386.30 Consensus Price Target from Analysts

Auto Trader Group PLC (LON:AUTO) has received an average rating of “Hold” from the fourteen research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 396.44 ($5.18).

A number of research firms have weighed in on AUTO. Peel Hunt reiterated an “add” rating on shares of Auto Trader Group in a research note on Monday, October 8th. UBS Group reiterated a “neutral” rating on shares of Auto Trader Group in a research note on Monday, October 22nd. Credit Suisse Group reiterated an “underperform” rating on shares of Auto Trader Group in a research note on Thursday, August 23rd. Deutsche Bank lifted their price target on shares of Auto Trader Group from GBX 380 ($4.97) to GBX 395 ($5.16) and gave the stock a “hold” rating in a research note on Tuesday, October 16th. Finally, Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a research note on Thursday, November 1st.

AUTO opened at GBX 428.80 ($5.60) on Monday. Auto Trader Group has a fifty-two week low of GBX 313 ($4.09) and a fifty-two week high of GBX 445 ($5.81).

The company also recently announced a dividend, which will be paid on Friday, January 25th. Stockholders of record on Thursday, January 3rd will be paid a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, January 3rd. This represents a dividend yield of 0.48%.

In other news, insider Trevor Mather sold 48,753 shares of the business’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of GBX 433 ($5.66), for a total value of £211,100.49 ($275,840.18).

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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Analyst Recommendations for Auto Trader Group (LON:AUTO)

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