Auto Trader Group (LON:AUTO) Price Target Increased to GBX 935 by Analysts at Jefferies Financial Group

Auto Trader Group (LON:AUTO) had its price objective increased by Jefferies Financial Group from GBX 830 ($10.50) to GBX 935 ($11.83) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. Jefferies Financial Group currently has a buy rating on the stock.

AUTO has been the topic of several other research reports. Shore Capital reaffirmed a hold rating on shares of Auto Trader Group in a report on Thursday, May 30th. JPMorgan Chase & Co. raised 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.

Auto Trader Group Stock Up 0.8 %

Shares of LON AUTO opened at GBX 802.80 ($10.15) on Tuesday. Auto Trader Group has a 52 week low of GBX 584.80 ($7.40) and a 52 week high of GBX 849 ($10.74). The business has a 50-day simple moving average of GBX 770.39 and a two-hundred day simple moving average of GBX 736.47. The company has a quick ratio of 1.50, a current ratio of 1.64 and a debt-to-equity ratio of 11.33. The company 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.

Auto Trader Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 29th will be given a dividend of GBX 6.40 ($0.08) per share. The ex-dividend date of this dividend is Thursday, August 29th. This is a positive change from Auto Trader Group’s previous dividend of $3.20. This represents a dividend yield of 0.88%. Auto Trader Group’s payout ratio is currently 3,600.00%.

Auto Trader Group Company Profile

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.