In a report released today, Sherri Malek from RBC Capital maintained a Buy rating on AUTO1 Group SE (ATOGF – Research Report), with a price target of EUR20.00. The company’s shares closed last Thursday at $11.92.
According to TipRanks, Malek is an analyst with an average return of -5.0% and a 41.26% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AUTO1 Group SE with a $14.21 average price target.
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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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