Auto Trader Group PLC (LON:AUTO) Given Consensus Rating of “Hold” by Brokerages

Auto Trader Group PLC (LON:AUTO) has been given a consensus rating of “Hold” by the fourteen brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two 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 530.91 ($6.94).

A number of equities research analysts recently weighed in on AUTO shares. HSBC started coverage on shares of Auto Trader Group in a research report on Tuesday, February 12th. They issued a “hold” rating and a GBX 465 ($6.08) price target for the company. Peel Hunt reissued an “add” rating on shares of Auto Trader Group in a research report on Wednesday, February 13th. JPMorgan Chase & Co. boosted their price target on shares of Auto Trader Group from GBX 326 ($4.26) to GBX 386 ($5.04) and gave the company an “underweight” rating in a research report on Wednesday, April 3rd. UBS Group cut shares of Auto Trader Group to a “neutral” rating and boosted their price target for the company from GBX 510 ($6.66) to GBX 530 ($6.93) in a research report on Tuesday, April 9th. Finally, Liberum Capital boosted their price target on shares of Auto Trader Group from GBX 470 ($6.14) to GBX 620 ($8.10) and gave the company a “buy” rating in a research report on Wednesday, April 17th.

AUTO traded down GBX 14.40 ($0.19) on Friday, reaching GBX 591.60 ($7.73). The company had a trading volume of 5,773,456 shares, compared to its average volume of 5,830,000. Auto Trader Group has a 1 year low of GBX 375.60 ($4.91) and a 1 year high of GBX 601.40 ($7.86). The stock has a market cap of $5.47 billion and a PE ratio of 28.31. The company has a debt-to-equity ratio of 553.22, a current ratio of 0.94 and a quick ratio of 0.94.

The firm also recently announced a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be issued a GBX 4.60 ($0.06) dividend. This represents a dividend yield of 0.79%. This is a boost from Auto Trader Group’s previous dividend of $2.10. The ex-dividend date of this dividend is Thursday, August 29th. Auto Trader Group’s dividend payout ratio is presently 0.29%.

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.

Featured Article: How does a margin account work?

Analyst Recommendations for Auto Trader Group (LON:AUTO)

Receive News & Ratings for Auto Trader Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group and related companies with's FREE daily email newsletter.