Auto Trader profits soar on increased demand
26th May 2022 07:02
(Sharecast News) - Digital car sales platform Auto Trader almost doubled annual profits as more customers spent online making purchases.
Read moreThursday preview: US Q1 GDP, Auto Trader in focus
25th May 2022 15:39
(Sharecast News) - All eyes on Thursday will be on a batch of fresh economic data due out in the States, including a revised reading on first quarter gross domestic product.
Read moreDeutsche Bank lowers target price on Auto Trader
19th May 2022 14:58
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800.0p to 720.0p on Thursday ahead of the group's full-year results on 26 May.
Read moreAuto Trader acquires leasing marketplace Autorama
22nd Mar 2022 07:28
(Sharecast News) - Automotive classified advertising business Auto Trader has agreed to acquire vehicle leasing marketplace operator Autorama in a deal worth up to as much as £200.0m.
Read moreLiberum keeps Auto Trader as 'top pick', says strategy shift paying dividends
12th Nov 2021 10:04
(Sharecast News) - Analysts at Liberum raised their target price for shares of 'top pick' Auto Trader on the back of its latest interims, saying the group's performance was proof that its shift towards a strategy based on average revenues per retailer was paying dividends.
Read moreAuto Trader hails record interim revenue, profit
11th Nov 2021 08:34
(Sharecast News) - Auto Trader said on Thursday that it has achieved its highest ever six-monthly revenue and profits following solid performances from both the trade and retail segments.
Read moreTuesday broker round-up
15th Jun 2021 13:39
(Sharecast News) - Page Group: Morgan Stanley downgrades to underweight with a target price of 545p.
Read moreRBC Capital lifts Auto Trader price target after 'strong' results
11th Jun 2021 08:09
(Sharecast News) - RBC Capital Markets lifted its price target on shares of Auto Trader on Friday to 610p from 560p following the company's "strong" set of results a day earlier.
Read moreAuto Trader set to cash in on internet buying boom as profits fall
10th Jun 2021 07:00
(Sharecast News) - A "dramatic" shift to buying cars online during pandemic lockdowns helped Auto Trader limit full-year losses and reinstate its dividend.
Read moreWednesday broker round-up
31st Mar 2021 13:40
(Sharecast News) - Hikma: Jefferies upgrades to buy with a target price of 2,870p.
Read moreAuto Trader says lockdown will dent demand in January, February
6th Jan 2021 07:42
(Sharecast News) - Auto Trader said on Wednesday that it expects sales demand to take a hit in January and February following the imposition of the latest lockdown, which has forced all car retailers to close their showrooms.
Read moreWednesday broker round-up
25th Nov 2020 13:38
(Sharecast News) - Codemasters Group: Berenberg downgrades to hold with a target price of 485p.
Read moreWednesday broker round-up
11th Nov 2020 13:58
(Sharecast News) - easyJet: Bank of America Merrill Lynch upgrades to buy.
Read moreAuto Trader scraps interim dividend amid lockdown
5th Nov 2020 07:44
(Sharecast News) - Auto Trader cancelled its interim dividend because of the second Covid-19 lockdown as the car sales platform reported a near halving of first-half profit.
Read moreAuto Trader buys software platform AutoConvert
31st Jul 2020 10:09
(Sharecast News) - Automotive marketplace Auto Trader has bought AutoConvert - a finance, insurance and compliance software platform with integrated customer relationship management solutions for the automotive sector - for an undisclosed sum.
Read more