AUTO1 Group SE (ATOGF – Research 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).
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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
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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.
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