Motorpoint Group (LON:MOTR) Price Target Cut to GBX 190 by Analysts at Deutsche Bank Aktiengesellschaft

Motorpoint Group (LON:MOTR) had its price objective lowered by Deutsche Bank Aktiengesellschaft from GBX 200 to GBX 190 in a research report report published on Wednesday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

Separately, Shore Capital reiterated a “house stock” rating on shares of Motorpoint Group in a report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Motorpoint Group presently has a consensus rating of “Buy” and a consensus price target of GBX 190.

Motorpoint Group Price Performance

LON MOTR traded down GBX 7.50 during trading hours on Wednesday, hitting GBX 149. 37,190 shares of the company’s stock traded hands, compared to its average volume of 44,252. The company has a market capitalization of £122.39 million, a PE ratio of 41.39 and a beta of 1.00. The company has a debt-to-equity ratio of 422.83, a current ratio of 1.20 and a quick ratio of 0.12. Motorpoint Group has a 52-week low of GBX 115 and a 52-week high of GBX 190. The firm’s 50-day moving average is GBX 159.82 and its 200-day moving average is GBX 163.54.

Motorpoint Group (LON:MOTR) last issued its earnings results on Wednesday, November 12th. The company reported GBX 3.20 earnings per share for the quarter. Motorpoint Group had a negative return on equity of 25.07% and a negative net margin of 0.77%. Equities analysts forecast that Motorpoint Group will post 3.5133843 EPS for the current fiscal year.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.