Barclays stays at 'underweight' on Rightmove, prefers AutoTrader
4th Mar 2019 12:57
(Sharecast News) - Analysts at Barclays sounded a cautious note on shares of Rightmove, pointing out how they were continuing to trade at a premium to the second-tier index even in face of slower growth.
Read morePeel Hunt pumps the brakes on Auto Trader as new car sales hit the skids
24th Jan 2019 15:25
(Sharecast News) - Auto Trader shares were down on Thursday following a cut to 'add' by analysts over at Peel Hunt.
Read moreThursday broker round-up
24th Jan 2019 15:09
(Sharecast News) - Reckitt Benckiser: Jefferies downgrades to underperform with a target price of 5,000p.
Read moreJefferies initiates coverage on 'kingmaker' Auto Trader at 'hold'
9th Jan 2019 11:30
(Sharecast News) - Analysts at Jefferies initiated coverage on classified advertising business Auto Trader at 'hold' on Wednesday, noting that its digital rebirth had been so well executed that it had seen the firm be anointed the UK's "automotive Kingmaker", a moniker the broker said came with many enviable traits.
Read moreUK car sales fall for the third month in a row
5th Dec 2018 11:03
(Sharecast News) - Sales of new cars fell in November, as supply constraints and faltering consumer confidence put the brakes on the industry.
Read moreCMA clears Auto Trader's JV with Cox Automotive
21st Nov 2018 07:51
(Sharecast News) - The Competition and Markets Authority has cleared Auto Trader's joint venture with Cox Automotive to provide a digital marketplace for wholesale vehicles in the UK.
Read moreAuto Trader has 'limited catalysts' for shares, says UBS
4th Sep 2018 13:23
(Sharecast News) - There are not many opportunities visible to lift the Auto Trader share price in the short term, said UBS on Tuesday.
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
Read moreFTSE 250 movers: Sophos, Thomas Cook and Auto Trader lead gains
8th Sep 2016 14:53
(ShareCast News) - The FTSE 250 was pretty much flat late into Thursday's session, with security software group Sohpos leading the way thanks to read-across from elsewhere Oxford-based Sophos, which is holding its annual general meeting next week, hit a six-month high on the day that FTSE 100 liste
Read moreMorgan Stanley cuts forecasts for Rightmove, Auto Trader and Zoopla
7th Jul 2016 14:17
(ShareCast News) - Morgan Stanley cut its forecasts and price share targets by varying degrees for internet players Rightmove, Auto Trader and Zoopla, but saw a higher price for Just Eat. UK internet stocks are still benefitting from structural growth, the bank said in a note to clients, also offeri
Read moreAuto Trader motors to profit in first listed year
9th Jun 2016 08:20
(ShareCast News) - Online car sales firm Auto Trader Group motored to a £155m pre-tax profit in its first full year as a listed company, up from £10.9m last year. Revenues rose 10% to £281.6m, while operating profits grew 27% to £169.6 million. Basic earnings per share from continuing operations of
Read moreDirector dealings: Big sale at Auto Trader, modest incentive for 32Red COO
6th Apr 2016 15:41
(ShareCast News) - The bid director deals of the day were undoubtedly the huge profits taken by Auto Trader's main executive management team a year after the company was spun out by the Guardian Media and Apax Partners. The sale of 8.7m shares by chief executive Trevor Mather and finance director Se
Read moreLondon pre-open: Stocks seen higher as investors eye FOMC minutes
6th Apr 2016 07:35
(ShareCast News) - London stocks were set for a firmer open on Wednesday as oil prices bounced back and investors awaited the release of the latest FOMC minutes. The FTSE 100 was seen opening 20 points higher than Tuesday's close at 6,111. Data out of China provided some encouraging news earlier, a
Read moreAuto Trader directors and managers sell £60m worth of shares
6th Apr 2016 07:10
(ShareCast News) - Auto Trader's chief executive and finance director have together sold £32.3m worth of shares in the company. Trevor Mather and Sean Glithero made the sale of 8.7m shares at a price of 370p after the expiry on 18 March of an agreed lock-up period from the FTSE 250 group's flotation
Read moreWednesday broker round-up
11th Nov 2015 11:19
(ShareCast News) - Auto Trader Group: Goldman Sachs downgrades to neutral. Target price: 415.00p. Fidessa Group: Finncap downgrades to sell, cuts target price to 1750.00p. Jupiter Fund Management: Barclays upgrades to overweight, lifts target price to 520.00p. Dcc: Exane BNP Paribas downgrades to
Read more