Deutsche Bank Remains a Buy on Auto Trader (AUTO)
In a report released yesterday, Gareth Davies from Deutsche Bank maintained a Buy rating on Auto Trader (AUTO – Research Report), with a price target of £10.40. The company's shares closed yesterday at p794.00.
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Davies covers the Communication Services sector, focusing on stocks such as Future plc, Auto Trader, and Reach plc. According to TipRanks, Davies has an average return of 1.7% and a 42.86% success rate on recommended stocks.
In addition to Deutsche Bank , Auto Trader also received a Buy from Citi's Doyinsola Sanyaolu in a report issued yesterday. However, on the same day, Berenberg Bank maintained a Hold rating on Auto Trader (LSE: AUTO).
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