Auto Trader Appoints New Independent Non-Executive Directors

An announcement from Auto Trader ( (GB:AUTO) ) is now available.

Auto Trader Group plc has announced the appointment of Megan Quinn and Adam Jay as Independent Non-Executive Directors, effective from July 1, 2025. This move is part of the company’s long-term succession planning, following a comprehensive search process. Both bring significant expertise in technology, digital innovation, and marketplace business models, which will support Auto Trader’s strategic goals. The appointments coincide with the departure of current board members Jeni Mundy and Sigga Sigurdardottir, who will not seek re-election at the 2025 AGM. The new directors are expected to contribute to Auto Trader’s continued progress in driving change responsibly within the automotive industry.

The most recent analyst rating on (GB:AUTO) stock is a Sell with a £7.77 price target. To see the full list of analyst forecasts on Auto Trader stock, see the GB:AUTO Stock Forecast page.

Spark’s Take on GB:AUTO Stock

According to Spark, TipRanks’ AI Analyst, GB:AUTO is a Outperform.

Auto Trader demonstrates strong financial performance, with robust growth and profitability. Strategic share buybacks further enhance shareholder value. However, technical indicators suggest caution due to potential overvaluation, and the high P/E ratio reflects pricing concerns. Despite these challenges, the company’s strategic initiatives and solid financial health provide a stable foundation for long-term growth.

To see Spark’s full report on GB:AUTO stock, click here.

More about Auto Trader

Auto Trader Group plc is the UK’s largest automotive platform, listed on the London Stock Exchange and a member of the FTSE 100 Index. The company focuses on creating a diverse and inclusive culture, building partnerships with customers, and promoting environmentally friendly vehicle choices. Its marketplace, supported by a leading technology and data platform, plays a central role in the UK car buying process, facilitating online vehicle sales and improving the buying experience.

Average Trading Volume: 3,091,231

Technical Sentiment Signal: Buy

Current Market Cap: £7.58B

Learn more about AUTO stock on TipRanks’ Stock Analysis page.