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An announcement from Auto Trader ( (GB:AUTO) ) is now available.
Autotrader Group plc has changed its legal entity name from Auto Trader Group plc to Autotrader Group plc and relocated its registered office within Manchester from Tony Wilson Place to No.3 Circle Square, aligning its corporate identity with a wider brand update across all platforms and marketing channels. The operational impact is limited: existing shareholders’ rights and share certificates remain unchanged, the company’s LEI, ISIN, SEDOL and ticker symbol are unaffected, and the new name will take effect on the London Stock Exchange’s Main Market once the formal certificate from Companies House is received, while corresponding name changes are also being implemented across key subsidiaries, signalling a cohesive brand refresh rather than a shift in strategy or capital structure for investors and partners.
The most recent analyst rating on (GB:AUTO) stock is a Sell with a £630.00 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’s strong financial performance and strategic share buybacks are significant positives, supporting a stable outlook. However, weak technical indicators and challenges in certain revenue streams slightly temper the overall score.
To see Spark’s full report on GB:AUTO stock, click here.
More about Auto Trader
Autotrader Group plc, formerly Auto Trader Group plc, is the UK’s largest automotive platform and a constituent of the FTSE 100, providing an online marketplace that connects car buyers with retailers and sits at the centre of the UK car-buying process. Its business is built on an industry-leading technology and data platform that supports partners across the automotive sector, and it also produces a widely followed used car Retail Price Index, derived from pricing analysis of around 800,000 unique vehicles and used by the Bank of England in broader economic indicators.
Average Trading Volume: 4,024,846
Technical Sentiment Signal: Sell
Current Market Cap: £4.91B
Find detailed analytics on AUTO stock on TipRanks’ Stock Analysis page.