Barclays downgrades AUTO1 Group SE (ATOGF) to a Hold

AUTO1 Group SE (ATOGFResearch Report) received a Hold rating and an EUR8.80 price target from Barclays analyst Andrew Ross today. The company’s shares closed last Thursday at $11.92.

According to TipRanks, Ross is a 2-star analyst with an average return of 0.0% and a 46.86% success rate.

In addition to Barclays, AUTO1 Group SE also received a Hold from Exane BNP Paribas’s William Packer in a report issued on January 18. However, on January 27, J.P. Morgan maintained a Buy rating on AUTO1 Group SE (Other OTC: ATOGF).

See Insiders’ Hot Stocks on TipRanks >>

Based on AUTO1 Group SE’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.74 billion and a GAAP net loss of $66.58 million. In comparison, last year the company earned a revenue of $1.07 billion and had a GAAP net loss of $29.52 million

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AUTO1 Group is a digital automotive platform for buying and selling used cars online. It offers a quick and easy way for consumers and professional car dealers across continental Europe to sell and buy used cars at haggle-free prices through established platforms.

Read More on ATOGF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More