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

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Vehicle Trader Team (LON:CarGet Score) was upgraded by stock analysts at JPMorgan Chase & Co. to a “neutral” ranking in a study notice issued to buyers on Friday, Marketbeat Ratings experiences. The company presently has a GBX 601 ($7.56) rate goal on the inventory, up from their earlier price focus on of GBX 516 ($6.49). JPMorgan Chase & Co.‘s goal selling price would recommend a prospective upside of 2.63% from the company’s preceding near.

Other equities analysis analysts have also not long ago issued investigation reviews about the inventory. Royal Financial institution of Canada restated a “sector perform” score and issued a GBX 720 ($9.06) focus on value on shares of Vehicle Trader Group in a report on Thursday, March 24th. Barclays dropped their concentrate on price tag on shares of Automobile Trader Team from GBX 725 ($9.12) to GBX 720 ($9.06) and set an “equal weight” score on the stock in a report on Tuesday, April 5th. Shore Capital restated a “hold” rating on shares of Car Trader Team in a report on Thursday, May well 19th. Deutsche Financial institution Aktiengesellschaft dropped their value target on shares of Vehicle Trader Team from GBX 800 ($10.07) to GBX 720 ($9.06) and established a “buy” ranking on the inventory in a study take note on Thursday, Could 19th. Finally, Morgan Stanley reiterated an “overweight” ranking on shares of Vehicle Trader Group in a investigate take note on Wednesday, May 11th. One particular expenditure analyst has rated the stock with a offer ranking, 6 have assigned a hold score and 5 have assigned a invest in rating to the corporation. In accordance to MarketBeat.com, the stock has a consensus rating of “Hold” and an typical target value of GBX 692.33 ($8.71).

Shares of Car stock opened at GBX 585.60 ($7.37) on Friday. Car Trader Group has a 12-thirty day period minimal of GBX 531.20 ($6.68) and a 12-thirty day period superior of GBX 751.40 ($9.46). The corporation has a present ratio of 1.77, a rapid ratio of 1.65 and a debt-to-fairness ratio of 2.50. The firm’s 50 day transferring common is GBX 616.96 and its 200 working day transferring ordinary is GBX 663.22. The inventory has a current market capitalization of £5.52 billion and a P/E ratio of 28.82.

About Vehicle Trader Team (Get Ranking)

Automobile Trader Team plc operates in the electronic automotive marketplace in the United Kingdom and Eire. It provides its solutions to suppliers, residence traders, and logistics corporations automobile ad on its web-sites for personal sellers, as perfectly as insurance policy and financial loan financing goods to individuals and screen promotion on its web-sites for makers and their marketing businesses.

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