Auto Trader Group PLC .8% potential upside indicated by Berenberg Bank

Auto Trader Group PLC with ticker (LON:AUTO) now has a potential upside of .8% according to Berenberg Bank.



Berenberg Bank set a target price of 715 GBX for the company, which when compared to the Auto Trader Group PLC share price of 710 GBX at opening today (22/11/2023) indicates a potential upside of .8%. Trading has ranged between 511 (52 week low) and 716 (52 week high) with an average of 2,174,520 shares exchanging hands daily. The market capitalisation at the time of writing is £6,480,048,543.

Auto Trader Group PLC operates a digital automotive marketplace. The Company’s segments include Auto Trader and Autorama. It is engaged in offering marketplace, digital retailing, and data as a platform. Its marketplace provides its buyers with a choice of both new and used vehicles. Through its Marketplace, the Company enables the online car buying experience and the onsite tools that consumers need to help them make decisions. Through its digital retailing, the Company helps in more of the car buying journey to be completed online, for both car buyers and its retailer customers. It offers selling of cars for cash through its Instant Offer product connected with Guaranteed Part-Exchange (GPX) product. These products enable consumers to get an accurate and guaranteed price for their existing vehicle. Under Data as a platform, it provides both data and insight capabilities to support various customers across various segments. Its data provides integration to suit the customers’ needs.