Auto Trader Group (LON:AUTO) Lifted to “Neutral” at JPMorgan Chase & Co.

Vehicle Trader Team (LON:VehicleGet Score) was upgraded by inventory analysts at JPMorgan Chase & Co. to a “neutral” score in a analysis notice issued to traders on Friday, Marketbeat Ratings studies. The organization presently has a GBX 601 ($7.56) price goal on the inventory, up from their prior cost focus on of GBX 516 ($6.49). JPMorgan Chase & Co.‘s concentrate on price would advise a possible upside of 2.63% from the company’s preceding close.

Other equities study analysts have also lately issued exploration stories about the inventory. Royal Lender of Canada restated a “sector perform” score and issued a GBX 720 ($9.06) focus on rate on shares of Car Trader Group in a report on Thursday, March 24th. Barclays dropped their concentrate on selling price on shares of Auto Trader Team from GBX 725 ($9.12) to GBX 720 ($9.06) and established an “equal weight” rating on the stock in a report on Tuesday, April 5th. Shore Funds restated a “hold” ranking on shares of Car Trader Team in a report on Thursday, May 19th. Deutsche Financial institution Aktiengesellschaft dropped their value goal on shares of Auto Trader Group from GBX 800 ($10.07) to GBX 720 ($9.06) and set a “buy” score on the stock in a investigation take note on Thursday, Might 19th. Lastly, Morgan Stanley reiterated an “overweight” ranking on shares of Car Trader Group in a investigation notice on Wednesday, May perhaps 11th. One investment analyst has rated the inventory with a sell score, 6 have assigned a hold ranking and 5 have assigned a invest in score to the organization. According to MarketBeat.com, the stock has a consensus ranking of “Hold” and an regular goal rate of GBX 692.33 ($8.71).

Shares of Automobile stock opened at GBX 585.60 ($7.37) on Friday. Auto Trader Group has a 12-thirty day period lower of GBX 531.20 ($6.68) and a 12-thirty day period superior of GBX 751.40 ($9.46). The corporation has a existing ratio of 1.77, a rapid ratio of 1.65 and a personal debt-to-fairness ratio of 2.50. The firm’s 50 day shifting typical is GBX 616.96 and its 200 working day relocating ordinary is GBX 663.22. The stock has a marketplace capitalization of £5.52 billion and a P/E ratio of 28.82.

About Vehicle Trader Group (Get Rating)

Car Trader Group plc operates in the electronic automotive marketplace in the United Kingdom and Ireland. It features its items to retailers, residence traders, and logistics companies automobile ad on its websites for private sellers, as perfectly as insurance policy and loan funding goods to people and screen promoting on its web sites for producers and their marketing organizations.

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