Auto Trader Group (LON:AUTO - Free Report) had its price target upped by JPMorgan Chase & Co. from GBX 688 ($8.74) to GBX 746 ($9.48) in a research note published on Thursday, MarketBeat.com reports. They currently have an underweight rating on the stock.
AUTO has been the subject of a number of other research reports. Shore Capital downgraded shares of Auto Trader Group to a "sell" rating in a research report on Thursday, November 7th. Berenberg Bank reduced their price target on shares of Auto Trader Group from GBX 880 ($11.18) to GBX 830 ($10.55) and set a "hold" rating for the company in a research note on Thursday, November 7th.
Read Our Latest Analysis on Auto Trader Group
Auto Trader Group Stock Down 0.7 %
Shares of LON:AUTO traded down GBX 5.60 ($0.07) during midday trading on Thursday, hitting GBX 838.40 ($10.65). 1,976,798 shares of the company's stock traded hands, compared to its average volume of 3,368,207. Auto Trader Group has a twelve month low of GBX 666 ($8.46) and a twelve month high of GBX 899 ($11.42). The firm's fifty day moving average price is GBX 847.92 and its two-hundred day moving average price is GBX 826.55. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66. The company has a market cap of £7.50 billion, a PE ratio of 2,995.00, a P/E/G ratio of 3.99 and a beta of 0.78.
Auto Trader Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 3.50 ($0.04) per share. This represents a dividend yield of 0.41%. The ex-dividend date is Thursday, January 2nd. Auto Trader Group's dividend payout ratio is presently 3,571.43%.
About Auto Trader Group
(
Get Free Report)
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.
Recommended Stories
Before you consider Auto Trader Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auto Trader Group wasn't on the list.
While Auto Trader Group currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
