Categories: Business

Barclays Reiterates Auto Trader Group (LSE:AUTO) Overweight Recommendation

Fintel reports that on April 6, 2023,
Barclays
reiterated
coverage of Auto Trader Group (LSE:AUTO) with
a Overweight recommendation.

Analyst Price Forecast Suggests 99.93% Downside

As of March 27, 2023,
the average one-year price target for Auto Trader Group is $0.40.
The forecasts range from a low of $0.39 to a high of $0.41.
The average price target represents a decrease of 99.93% from its latest reported closing price of $598.80.

See our leaderboard of companies with the largest price target upside.

What are Other Shareholders Doing?

VEURX – Vanguard European Stock Index Fund Investor Shares
holds 1,841K shares
representing 0.20% ownership of the company.

In it’s prior filing, the firm reported owning 1,737K shares, representing
an increase
of 5.68%.

The firm

increased

its portfolio allocation in AUTO by 6.49% over the last quarter.

VIRTUS VARIABLE INSURANCE TRUST – VIRTUS STRATEGIC ALLOCATION SERIES
holds 72K shares
representing 0.01% ownership of the company.

No change in the last quarter.

DIHP – Dimensional International High Profitability ETF
holds 188K shares
representing 0.02% ownership of the company.

In it’s prior filing, the firm reported owning 122K shares, representing
an increase
of 35.05%.

The firm

increased

its portfolio allocation in AUTO by 7.52% over the last quarter.

BGICF2 – Baillie Gifford International All Cap Fund Class 2
holds 832K shares
representing 0.09% ownership of the company.

In it’s prior filing, the firm reported owning 748K shares, representing
an increase
of 10.11%.

The firm

increased

its portfolio allocation in AUTO by 6.98% over the last quarter.

Calvert Variable Products, Inc. – Calvert VP EAFE International Index Portfolio – I Class
holds 7K shares
representing 0.00% ownership of the company.

No change in the last quarter.

What is the Fund Sentiment?

There are 281 funds or institutions reporting positions in Auto Trader Group.

This is an increase
of
6
owner(s) or 2.18% in the last quarter.

Average portfolio weight of all funds dedicated to AUTO is 0.28%,
an increase
of 5.97%.

Total shares owned by institutions decreased
in the last three months by 1.61% to 154,649K shares.

See all Auto Trader Group regulatory filings.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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