Auto Trader Group (LON:AUTO) Given New GBX 935 Price Target at Jefferies Financial Group

Auto Trader Group (LON:AUTO) had its price objective upped by investment analysts at Jefferies Financial Group from GBX 830 ($10.50) to GBX 935 ($11.83) in a research report issued to clients and investors on Tuesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 16.47% from the company’s previous close.

A number of other brokerages have also commented on AUTO. JPMorgan Chase & Co. increased their price objective on Auto Trader Group from GBX 608 ($7.69) to GBX 624 ($7.89) and gave the company an “underweight” rating in a report on Friday, May 31st. Shore Capital reiterated a “hold” rating on shares of Auto Trader Group in a report on Thursday, May 30th.

Auto Trader Group Stock Up 0.8 %

Auto Trader Group stock traded up GBX 6 ($0.08) during mid-day trading on Tuesday, hitting GBX 802.80 ($10.15). 3,018,985 shares of the company’s stock were exchanged, compared to its average volume of 2,626,681. Auto Trader Group has a 1-year low of GBX 584.80 ($7.40) and a 1-year high of GBX 849 ($10.74). The stock has a 50 day moving average of GBX 768.24 and a two-hundred day moving average of GBX 735.72. 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 stock has a market cap of £7.21 billion, a P/E ratio of 3,211.20, a P/E/G ratio of 3.99 and a beta of 0.67.

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.