Peel Hunt Reiterates Add Rating for Auto Trader Group (AUTO)

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Auto Trader Group (LON:AUTO)‘s stock had its “add” rating reiterated by investment analysts at Peel Hunt in a research report issued on Thursday.

AUTO has been the subject of a number of other reports. Liberum Capital reissued a “buy” rating on shares of Auto Trader Group in a research note on Tuesday, October 9th. Barclays cut shares of Auto Trader Group to an “equal weight” rating and increased their price objective for the stock from GBX 435 ($5.68) to GBX 460 ($6.01) in a research note on Tuesday, September 25th. UBS Group cut shares of Auto Trader Group to a “neutral” rating and increased their price objective for the stock from GBX 425 ($5.55) to GBX 445 ($5.81) in a research note on Tuesday, September 4th. Shore Capital reaffirmed a “hold” rating on shares of Auto Trader Group in a research note on Thursday, August 16th. Finally, JPMorgan Chase & Co. raised their target price on shares of Auto Trader Group from GBX 326 ($4.26) to GBX 328 ($4.29) and gave the company an “underweight” rating in a research note on Friday, July 13th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. Auto Trader Group presently has a consensus rating of “Hold” and an average target price of GBX 414.40 ($5.41).

Shares of LON AUTO opened at GBX 447 ($5.84) on Thursday. Auto Trader Group has a 1 year low of GBX 313 ($4.09) and a 1 year high of GBX 445 ($5.81).

In related news, insider Trevor Mather sold 48,753 shares of the firm’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 transaction 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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