OTC : ATDRF
$0.06 (0.93%)
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Auto Trader Group target slashed as broker now sees little room to rerate
RBC Capital Markets has slashed its Auto Trader Group PLC (LSE:AUTO) price target to 535p from 830p, arguing that weak revenue momentum and a lack of near-term catalysts leave little room for the shares to rerate. The broker retained its Sector Perform rating, with the revised target only modestly above Auto Trader's 515.2p market price. proactiveinvestors.co.uk - 2026-07-17 09:22:55 |