Broker Recommendations

Shore Capital downgrades Auto Trader to 'sell'

By Benjamin Chiou

Date: Monday 03 Jun 2024

(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Full-year results from the company on 30 May revealed a "good performance", according to Shore Capital analyst Roddy...

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