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.
Read moreRBC 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.
Read moreAuto 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.
Read moreAuto 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.
Read moreUBS 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.
Read moreAuto 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.
Read moreAuto 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.
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