Auction Technology Group’s (ATG) Buy Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Auction Technology Group (LON:ATG) in a research report released on Tuesday, Marketbeat Ratings reports. Peel Hunt currently has a GBX 730 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada dropped their target price on shares of Auction Technology Group from GBX 500 to GBX 415 and set a “sector perform” rating on the stock in a report on Wednesday, August 6th. JPMorgan Chase & Co. dropped their target price on Auction Technology Group from GBX 725 to GBX 710 and set an “overweight” rating for the company in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft cut their price target on Auction Technology Group from GBX 910 to GBX 815 and set a “buy” rating for the company in a research note on Monday, August 4th. Finally, Berenberg Bank cut their price objective on shares of Auction Technology Group from GBX 660 to GBX 560 and set a “buy” rating for the company in a research report on Monday, August 4th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 646.

Auction Technology Group Price Performance

LON:ATG opened at GBX 310.50 on Tuesday. The company has a market cap of £374.31 million, a P/E ratio of 15.60 and a beta of 1.29. Auction Technology Group has a 52-week low of GBX 288 and a 52-week high of GBX 658. The stock’s 50-day simple moving average is GBX 323.76 and its 200 day simple moving average is GBX 424.96. The company has a debt-to-equity ratio of 18.16, a quick ratio of 1.36 and a current ratio of 0.62.

About Auction Technology Group

Auction Technology Group plc?(“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).