Analysts Set Auto Trader Group plc (OTCMKTS:ATDRY) Target Price at $583.33

Auto Trader Group plc (OTCMKTS:ATDRYGet Rating) has earned an average recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $626.00.

Several equities research analysts have commented on the company. JPMorgan Chase & Co. upgraded Auto Trader Group from an “underweight” rating to a “neutral” rating in a research report on Friday. Zacks Investment Research lowered Auto Trader Group from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th. Credit Suisse Group lowered their price objective on Auto Trader Group from GBX 514 ($6.47) to GBX 498 ($6.27) in a research report on Friday. Jefferies Financial Group upgraded Auto Trader Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Auto Trader Group from GBX 800 ($10.07) to GBX 720 ($9.06) in a research note on Thursday, May 19th.

Auto Trader Group stock opened at $1.78 on Thursday. Auto Trader Group has a 12 month low of $1.64 and a 12 month high of $2.57. The stock’s 50 day simple moving average is $1.96 and its two-hundred day simple moving average is $2.19.

Auto Trader Group Company Profile (Get Rating)

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers, 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 (OTCMKTS:ATDRY)

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