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An update from Auto Trader ( (GB:AUTO) ) is now available.
Autotrader Group plc has confirmed the outcome of its statutory audit tender, announcing that KPMG LLP will be reappointed as its external auditor for the financial year ending 31 March 2027, subject to shareholder approval at the 2026 AGM. The decision follows a competitive tender process led by the Audit Committee, undertaken in line with UK requirements to tender the audit every 10 years and rotate auditors every 20 years.
By opting to retain KPMG, which has served as Autotrader’s statutory auditor since the 2017 financial year, the company signals a preference for continuity in its financial oversight and reporting. The move should provide stability for investors and other stakeholders, while underscoring Autotrader’s adherence to evolving UK corporate governance and audit regulation as it continues to expand its data-driven automotive marketplace and digital services.
The most recent analyst rating on (GB:AUTO) stock is a Buy with a £527.00 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 is the UK’s largest automotive platform, listed on the London Stock Exchange and a member of the FTSE 100 Index. Its marketplace, built on an industry-leading technology and data platform, connects the largest number of UK car buyers with the widest choice of trusted stock and supports partners across the automotive industry.
The company focuses on improving the car buying and selling experience in the UK, helping buyers do more online while enabling retailer partners to enhance performance through data and technology solutions. Autotrader also publishes a monthly used car Retail Price Index, based on analysis of around 800,000 vehicles, which contributes to UK economic indicators used by the Bank of England.
Average Trading Volume: 4,482,367
Technical Sentiment Signal: Sell
Current Market Cap: £3.97B
Find detailed analytics on AUTO stock on TipRanks’ Stock Analysis page.