Auto Trader Group (LON:AUTO) Given “Underweight” Rating at JPMorgan Chase & Co.

Auto Trader Group (LON:AUTO)‘s stock had its “underweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday,London Stock Exchange reports. They presently have a GBX 746 ($9.70) price objective on the stock. JPMorgan Chase & Co.‘s price target indicates a potential downside of 0.53% from the stock’s previous close.

Separately, Citigroup upped their price objective on Auto Trader Group from GBX 881 ($11.46) to GBX 946 ($12.31) and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Auto Trader Group currently has an average rating of “Hold” and a consensus target price of GBX 864.25 ($11.24).

Auto Trader Group Price Performance

Shares of AUTO stock traded down GBX 3.20 ($0.04) on Thursday, reaching GBX 750 ($9.76). The company’s stock had a trading volume of 3,569,402 shares, compared to its average volume of 10,698,396. The company has a market capitalization of £6.62 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The stock’s fifty day simple moving average is GBX 777.41 and its 200-day simple moving average is GBX 818.17. Auto Trader Group has a 1 year low of GBX 666 ($8.66) and a 1 year high of GBX 899 ($11.70). The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26.

Auto Trader Group Company Profile

About Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s marketplace sits at the heart of the UK car buying process.