London close: Stocks rise as US consumer confidence remains stable

26th Mar 2024 17:06

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

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JPMorgan puts Auto Trader on 'negative catalyst watch'

26th Mar 2024 11:16

(Sharecast News) - Auto Trader slumped on Tuesday as JPMorgan Cazenove placed the shares on 'negative catalyst watch' ahead of FY24 results in May.

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JPMorgan sees scope for Auto Trader to underperform

15th Feb 2024 09:53

(Sharecast News) - JPMorgan Cazenove struck a cautious note on the outlook for Auto Trader on Thursday as it took a look at the UK automotive retail sector.

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London close: Stocks gain as investors await Powell speech

9th Nov 2023 15:02

(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.

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Auto Trader reports jump in first-half revenue, earnings

9th Nov 2023 08:23

(Sharecast News) - Auto Trader Group reported first-half group revenue of £280.5m on Thursday, representing a 12% year-on-year increase.

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JPMorgan downgrades Auto Trader to 'underweight'

25th Jul 2023 09:03

(Sharecast News) - JPMorgan Cazenove downgraded Auto Trader on Tuesday to 'underweight' from 'neutral' and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation.

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Broker tips: Auto Trader, Ceres Power

25th Jul 2023 07:50

(Sharecast News) - JPMorgan Cazenove downgraded Auto Trader on Tuesday to 'underweight' from 'neutral' and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation.

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Shore Capital upgrades Auto Trader to 'buy'

6th Jun 2023 13:05

(Sharecast News) - Shore Capital upgraded Auto Trader on Tuesday to 'buy' from 'hold' as it pointed to strong results and an undemanding valuation.

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Broker tips: Anglo American, Auto Trader, Diageo

6th Jun 2023 07:41

(Sharecast News) - RBC Capital Markets upgraded Anglo American on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 2,700 from 2,500p.

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Broker tips: Prudential, Auto Trader, AJ Bell

2nd Jun 2023 14:25

(Sharecast News) - JPMorgan Cazenove placed Prudential shares on 'positive catalyst watch' on Friday into the first-half results in August.

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RBC Capital Markets lifts Auto Trader price target

2nd Jun 2023 10:22

(Sharecast News) - RBC Capital Markets upped its price target on Auto Trader to 670p from 610p on Friday after the company's results a day earlier.

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Auto Trader confident for year ahead despite profits dip

1st Jun 2023 07:14

(Sharecast News) - Auto Trader Group sounded a positive note for the year ahead on Thursday, despite posting a dip in annual profits.

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Auto Trader revenues rise, sees recovery in new car sales

10th Nov 2022 07:44

(Sharecast News) - Auto Trader reported a slight fall in half-year profits after booking a rise in costs associated with its takeover of car leasing website Autorama, but posted a 16% rise in revenues.

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UBS upgrades Auto Trader to 'buy', shares rally

1st Nov 2022 12:50

(Sharecast News) - Auto Trader rallied on Tuesday as UBS upgraded the shares to 'buy' from 'neutral', arguing that the risk/reward has become attractive going into the first-half results.

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Auto Trader sells Webzone unit to Ireland's Mediahuis for €30m

24th Oct 2022 07:04

(Sharecast News) - Auto Trader said it had sold its Webzone subsidiary to Mediahuis Ireland for €30m.

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