Auto Trader Group plc (OTCMKTS:ATDRY – Get 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 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.
- Get a free copy of the StockNews.com research report on Auto Trader Group (ATDRY)
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