Shore Capital downgrades Auto Trader to 'sell'
3rd Jun 2024 14:29
(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Read moreAuto Trader annual revenues motor ahead
30th May 2024 07:02
(Sharecast News) - Auto Trader Group said on Thursday that the new financial year had got off to a strong start, after it posted in jump in annual sales and profits.
Read moreThursday preview: US Q1 GDP, Auto Trader in the spotlight
29th May 2024 10:23
(Sharecast News) - The market spotlight on Thursday will continue to be on the US, where another flurry of economic indicators and speeches from central bank officials are scheduled.
Read moreWednesday preview: Fedspeak, Beige Book in focus
28th May 2024 11:58
(Sharecast News) - Investors' focus in the middle of the week will continue to be on the scheduled remarks of top Fed officials as investors continue to wait on the week's key release, the PCE price index on Friday.
Read moreLondon close: Stocks recoup some earlier losses
17th May 2024 15:52
(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.
Read moreMorgan Stanley downgrades Auto Trader to 'underweight'
17th May 2024 10:56
(Sharecast News) - Morgan Stanley downgraded Auto Trader on Friday 'underweight' from 'equalweight' and cut the price target to 600p from 625p.
Read moreLondon 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.
Read moreJPMorgan 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.
Read moreJPMorgan 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.
Read moreLondon 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.
Read moreAuto 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.
Read moreJPMorgan 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.
Read moreBroker 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.
Read moreShore 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.
Read moreBroker 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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