Analyst Price Target is GBX 553.40
▲ +16.07% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Auto Trader Group in the last 3 months. The average price target is GBX 553.40, with a high forecast of GBX 816 and a low forecast of GBX 445. The average price target represents a 16.07% upside from the last price of GBX 476.80.
Current Consensus is
Reduce
The current consensus among 5 contributing investment analysts is to reduce stock in Auto Trader Group. This rating changed within the last month from a Hold consensus rating.
Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.
Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem. Autotrader’s platform leverages significant amounts of proprietary data and machine learning models to power pricing, demand forecasting and personalised consumer experiences. These capabilities enable retailers and manufacturers to make better decisions, improve performance and respond to real-time market dynamics.
Autotrader is increasingly digitising the car buying journey, from search and discovery through to financing and purchase, enabling more of the buying journey to take place online. Alongside this, it is using its data and influence to support the transition to electric vehicles. This is all underpinned by a values-led culture that empowers its people to develop and perform, enabling continuous innovation across its platform and products.
The company also publishes a monthly used car Retail Price Index, based on the analysis of approximately 800,000 vehicles each day from across the automotive retail market. This dataset provides one of the most comprehensive views of the UK automotive market and is used by organisations including the Bank of England and the Office for National Statistics to inform economic indicators and government policy.
For more information, please visit https://plc.autotrader.co.uk/
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