JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Auction Technology Group (LON:ATG)

Auction Technology Group (LON:ATG)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 790 ($10.23) price target on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 31.23% from the company’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 710 ($9.19) price objective on shares of Auction Technology Group in a research note on Friday, November 29th.

Auction Technology Group Stock Performance

Shares of ATG stock opened at GBX 602 ($7.79) on Friday. The company has a debt-to-equity ratio of 18.16, a current ratio of 0.62 and a quick ratio of 1.36. The firm has a 50-day moving average of GBX 584.70 and a 200-day moving average of GBX 516.89. Auction Technology Group has a one year low of GBX 365 ($4.72) and a one year high of GBX 658 ($8.52). The company has a market cap of £743.68 million, a P/E ratio of 73.53 and a beta of 1.29.

Auction Technology Group Company Profile

Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).