Auto Trader (AUTO.L) 24-02-20
Will Auto Trader (AUTO.L) shares break below the 558p support zone, or will it return to highs of 607p (+9%)?
- Currently trading around the 558p support at 556p (at time of writing).
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Highs of 607p have been seen in the recent past. Will we see this again? (+9%)
- Shares -8% from 12-month highs; +18% from 12 month lows.
Latest News
12 Feb: Societe Generale today initiates coverage of Auto Trader Group Plc (AUTO) with a hold rating and target price of 615p.
04 Feb: Deutsche Bank reiterates its hold rating on Auto Trader Group Plc (AUTO) and increased the target price to 565p (from 525p).
30 Jan: Barclays Capital reiterates its equal weight rating on Auto Trader Group Plc (AUTO) and increased the target price to 500p (from 490p).
22 Jan: JP Morgan Cazenove reiterates its underweight rating on Auto Trader Group Plc (AUTO) and increased the target price to 494p (from 452p).
20 Jan: Goldman Sachs has upgraded its rating on Auto Trader Group Plc (AUTO) to buy (from neutral) and increased the target price to 688p (from 604p).
20 Jan: Peel Hunt has upgraded its rating on Auto Trader Group Plc (AUTO) to add (from hold).
16 Jan: Credit Suisse reiterates its underperform rating on Auto Trader Group Plc (AUTO) and increased the target price to 480p (from 440p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires