Auto Trader Group Plc
Goldman Sachs today lowered its price target to 688p and reiterated its buy investment in Auto Trader Group Ltd (NASDAQ: AUTO), which has reaffirmed its investment in the company and cut its dividend by 5%.
Peel Hunt raised its price target from 560p to 545p today and upgraded its hold on Buy to 600p. Credit Suisse today confirmed its purchase of Auto Trader Group Ltd. (NASDAQ: AUTO) and lowered its price target to 430p from 440p, and Liberum Capital today downgraded it from buy to hold, while lowering its price target to hold from 515p. PeelHunt today raised and lowered its share buyback rating for Auto Traders Ltd by adding an add-on buy and cut its price target by 5 percentage points to 500p after the dividend was cut by 5%.
RBC Capital Markets today confirmed its buy rating for the Auto Traders Ltd. (NASDAQ: AUTO), lowering its price target to 460p from 530p and reiterating its hold on Buy.
Berenberg today raised its price target from 440p to 460p and reaffirmed its stake. Barclays Capital today confirms its buy rating for the Auto Traders Ltd. (NASDAQ: AUTO) and raises its price target from $500 to $490. Barclays Capital today confirmed its buy rating and raised its target price from 490p to 440p. Barclays Capital today confirmed its buy rating from BMO Capital Markets from Buy and raised its target price for the UK and US shares of Auto Trading Group Ltd. from 450p to 420p and 500p respectively. Berenberger today raised its target price from 460 pounds to 450p ($4.00) from 450p and reaffirmed its hold-on buy. Barclays Capital today confirmed its BUY rating with a price target of $2.50 for Auto Ltd and raised its price target from £420 to £500. [Sources: 0]
Goldman Sachs today raised its price target from 581p to 557p and cut its buy-to-let investment in the UK to £1.5billion. Auto Trading Group Ltd today upgraded Goldman Sachs from Buy neutral to Buy, raising its target price to 688p from 604p and raising its price targets to 730p from 740p and 745p respectively.
UBS today upgraded its price target from 510 to 560 to buy neutral and downgraded its investment in the UK to £1.5billion. Credit Suisse today confirmed its buy rating for Auto Trading Group Ltd and raised its target price to 375p from 375p. JP Morgan and Cazenove today raised their target price to 494p (from 452p) and confirmed their buy rating for Auto Trading Group Ltd. UBSToday upgraded the car retailer’s buy-to-let investment to buy-to-let from neutral, lowering its price target to 525p, while raising its price target to 510p from 510p.
Morgan and Cazenove today confirmed their buy rating for Auto Trading Group Ltd and cut their price target from 494p to 368p. Morgan Stanley today cut its price target from 570p to 600p and confirmed its sell target and 500p price target, from 550p today. JP Morgan and BNP Paribas today reaffirmed their buy ratings for Auto Trading Group Ltd but cut our price target to 348p from 368p and 500p from 510p. JPMorgan & Cazenoves today confirmed its buy-to-let investment in the UK but cut its price target from 348p – £368 to 484p – 482p
The analysts who cover Auto Trader are currently behaving as if we were trading at this level, with a sales target of 500p and a buy rating of 5.5.
To buy shares in Auto Trader, you need an account to trade the shares, and once you have opened your account and transferred money into it, you can search for shares and select them to buy or sell. Price trends continue, so it’s worth looking at them, especially when it comes to stocks such as Auto Traders. When relative price strength is taken into account against the general market trend, the dealer’s price has ranged between 29 and 58% in the last 12 months.
Traders and investors can also choose to study the average true range of ATR if they focus on technical and inventory valuations and the price-to-earnings ratio.
Auto Trader is currently classified as a “High Flyer” due to the positive outlook for the second half of 2016 and the first quarter of 2017. What we want is a recommendation for the car trailer and we are very optimistic at the moment about the long-term investment outlook and valuation.
Bio – Adrian is the CEO of Reporting accounts and can be found as a contributor on many sites around the web such as the Opera Forum.