Jefferies Financial Group Increases Auto Trader Group (LON:AUTO) Price Target to GBX 935

Auto Trader Group (LON:AUTO) had its price target increased by Jefferies Financial Group from GBX 830 ($10.50) to GBX 935 ($11.83) in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 16.53% from the company’s previous close.

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

Auto Trader Group Stock Down 0.0 %

Shares of LON AUTO opened at GBX 802.40 ($10.15) on Tuesday. Auto Trader Group has a 12 month low of GBX 584.80 ($7.40) and a 12 month high of GBX 849 ($10.74). The company has a current ratio of 1.64, a quick ratio of 1.50 and a debt-to-equity ratio of 11.33. The firm has a market capitalization of £7.21 billion, a price-to-earnings ratio of 3,209.60, a PEG ratio of 3.99 and a beta of 0.67. The business has a 50-day moving average of GBX 772.58 and a 200-day moving average of GBX 736.93.

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.