{ }
UBS has raised its target price for Auto1 from 9.80 to 20.50 euros, maintaining a "Buy" rating. Analyst Jo Barnet-Lamb noted that despite the stock's significant rally this year, there remains substantial upside potential, with adjusted operating earnings for 2025 projected to be 21% above consensus.
AUTO1 shares continue their impressive rally, recently boosted by UBS analyst Jo Barnet-Lamb, who raised the price target to €20.50, indicating a potential upside of nearly 25%. The stock has surged over 150% this year, driven by increased consumer activity in the European used car market and effective cost-cutting measures. Since hitting a low of €3.27 in March, investors who bought at that point have seen their investment quintuple.
Auto1's shares surged 3.6% to 16.50 euros, marking a 150% increase this year, driven by UBS analyst Jo Barnet-Lamb's revised price target of 20.50 euros. The positive outlook is fueled by a revival in the European used car market and anticipated interest rate declines, alongside effective cost-cutting measures. Since March lows of 3.27 euros, investors have seen their stakes quintuple in value.
Auto1's shares continue to surge, rising 3.6% to €16.50, marking a 150% increase this year. UBS analyst Jo Barnet-Lamb has raised the price target to €20.50, highlighting a revitalized investment story as consumer activity in the European used car market increases, alongside expected interest rate declines.
Auto1's shares have surged 3.6% to €16.50, marking a 150% increase this year, driven by UBS analyst Jo Barnet-Lamb's revised price target of €20.50. This optimism reflects a revitalized investment story as consumer activity in the European used car market rises, alongside expected interest rate declines and effective cost-cutting measures. Since hitting a low of €3.27 in March, investors have seen their returns quintuple.
Auto1 Group has seen a significant surge, rising 60% in just ten days, driven by analyst upgrades and its recent inclusion in the MDAX. UBS has raised its target price for Auto1 to €20.50, maintaining a 'Buy' rating, reflecting strong investor confidence in the company's prospects.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.