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Pin to quick picksAuto Trader Share News (AUTO)

Share Price Information for Auto Trader (AUTO)

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Share Price: 734.40
Bid: 734.20
Ask: 734.80
Change: 11.40 (1.58%)
Spread: 0.60 (0.082%)
Open: 731.00
High: 736.60
Low: 731.00
Prev. Close: 723.00
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LONDON MARKET OPEN: Stocks Open Higher As Aviva Sets New Course

Thu, 06th Jun 2019 08:57

LONDON (Alliance News) - Stock prices in London opened broadly in the green Thursday with blue-chips led by Aviva and mid-caps by Entertainment One. The FTSE 100 index was up 34.04 points, or 0.5%, at 7,254.28 early Thursday. The mid-cap FTSE 250 index was up 56.11 points, or 0.3%, at 19,128.28. The AIM All-Share index was down marginally at 939.40.The Cboe UK 100 index was up 0.5% at 12,305.55. The Cboe 250 was up 0.3% at 17,185.65, and the Cboe Small Companies was down 0.1% at 11,711.38.Sterling was quoted at USD1.2678 early Thursday, lower than USD1.2725 at the London equities close on Wednesday.In mainland Europe, the CAC 40 in Paris was flat while the DAX 30 in Frankfurt was up 0.1% in early trading. The euro was quoted at USD1.1230 early, lower from USD1.1257 at the European equities close yesterday.Later Thursday, the European Central Bank Governing Council meets in the Lithuanian capital of Vilnius, announcing its latest policy decision at 1245 BST. This will be followed by a press conference with ECB President Mario Draghi at 1330 BST.Analysts expect the ECB to maintain a dovish stance, while focus for investors will likely be on details of the central bank's latest round of targeted longer-term refinancing operations, as well as the latest round of economic projections."With investors already anticipating the central bank to be dovish, we might not see too much of a reaction. In fact, the bigger risk as far as the markets are concerned is if the ECB turns out to be surprisingly less dovish than expected, although that would indeed be a big surprise given the cooling of inflation and anaemic growth in the eurozone, not to mention ongoing Brexit and trade uncertainties," said Forex.com analyst Fawad Razaqzada.Added analysts at Daiwa Capital Markets: "All eyes today will be on the conclusion of the ECB's latest policy meeting. The meeting will be the first to be conducted under the ECB's new chief economist, Philip Lane, who replaced Peter Praet at the start of the month. Among other things, the meeting will be watched closely for the updated staff economic forecasts and additional details for the pricing of the forthcoming TLTRO-III liquidity operations, due to start in September."While the central bank's updated economic forecasts might well be little changed from three months ago, the Governing Council's guidance on future policy will be watched closely not least given the recent slide in market-based measures of inflation expectations close to record lows."On the London Stock Exchange, Aviva was among the early gainers in the FTSE 100, rising 1.7%, after the insurer said it will separate its UK businesses and cut 1,800 jobs over next three years as part of a plan to simplify the business, reduce costs and remove duplication. The insurer, which is hosting a investor presentation later on Thursday, intends to separate its life and general insurance businesses in the UK, with the online direct business being integrated into UK general insurance unit.Angela Darlington has been appointed interim chief executive officer of UK Life and Colm Holmes is appointed chief executive officer of general insurance. The company also intends to reduce costs by GBP300 million per annum by 2022 through lower central costs, savings in contractor and consultant spending, reduction in project expenditure and other efficiencies. The cost savings is expected to lead to 1,800 job cuts over the next three years, out of a total workforce of around 30,000. Rolls Royce and Legal & General were both higher in early trade, gaining 1.1% and 1.3%, respectively, after Rolls-Royce Holdings transferred around GBP4.1 billion of pension risk liabilities to L&G.The jet engine maker said its UK pension trustee has completed a deal to transfer pension risk liabilities to Legal & General Assurance Society Ltd, a unit of Legal & General Group. The deal covers the transfer of assets and liabilities relating to around 33,000 pensioners who are members of the Rolls-Royce UK Pension Fund, out of a total of 76,000 members.Alongside the transfer of around GBP4.1 billion of liabilities to Legal & General, the Rolls-Royce pension trustee will also transfer around GBP4.6 billion in assets. The transaction will result in a reduction in Rolls-Royce's net assets by around GBP500 million. Rolls-Royce will continue to maintain its funding of its remaining pension plans unchanged. Legal & General has transacted over GBP6.2 billion of global pension risk transfer in the year to date versus GBP700 million in the same period a year ago.Anchoring the blue chip index were J Sainsbury, Kingfisher and Vodafone as all three stocks went ex-dividend Thursday. The supermarket was down 3.5%, the D&Y store chain down 2.8% and the mobile operator down 2.3%.Auto Trader was off 1.6% despite saying it is confident of meeting its growth expectations in its recently started financial year after reporting double-digit growth in annual profit. The automotive marketplace revealed a 15% increase in pretax profit for the year to the end of March to GBP242.2 million from GBP210.7 million the year before, including GBP8.7 million profit recognised on disposal of its Smart Buying platform.Revenue climbed 7.6% to GBP355.1 million from GBP330.1 million, with average revenue per retailer improving to GBP1,844 per month in financial 2019 from GBP1,695 the year before. Looking ahead, Chief Executive Trevor Mather said: "The new financial year has started well, and despite the continued wider market uncertainty, the board is confident of meeting its growth expectations for the year."Rising sharply to the top of the FTSE 250 index was Entertainment One, gaining 14% after announcing that President & Chief Content Officer Mark Gordon will be staying at the company, contrary to reports in media industry magazine Variety. Entertainment One said Gordon will be a part of the company "both now and into the future".Go-Ahead added 8.1% in early trade. The transport operator said it saw revenue growth across all three of its operation divisions in 2019 to date. Go-Ahead's full-year expectations for its London & International bus division have been increased due to a "strong operating performance". Go-Ahead said it seen "high levels of punctuality" across all of its divisions in the year to date. Mitchells & Butlers was up 4.1% following German investment bank Berenberg upgrading the stock to Buy from Hold.SIG was languishing at the bottom of the FTSE 250, down 2.0%. The stock went ex-dividend Thursday.Elsewhere on the London Stock Exchange, CMC Markets was down 2.6% after the company's profit in its most recently ended financial year took a hard hit from new European regulations and a reduction in overall client volumes. Pretax profit of GBP6.3 million for the year that ended on March 31, down 89% from GBP60.1 million reported a year earlier, as net operating income fell by 30% to GBP130.8 million from GBP187.1 million.The company explained that it had a "difficult" year due to the introduction of new measures by the European Securities & Markets Authority in July and August 2018, which caused many clients in the UK and Europe to stop trading or trade less.Revenue per active client was 30% lower at GBP2,068 compared to GBP2,964 a year ago, while the number of active clients declined by 10% to 53,308 from 59,165. CMC proposed a final dividend of 0.68 pence, resulting in a full year dividend of 2.03p, down 77% from 8.9p paid the year earlier. In addition, CMC confirmed that Chief Operating & Financial Officer Grant Foley will step down on Friday to pursue other opportunities. The departure was first announced in early April.At the time, CMC said it will "run a rigorous process" to find a replacement, but a successor was not yet named. Head of Finance Euan Marshall was named interim CFO.In Asia on Thursday, the Japanese Nikkei 225 index closed marginally down. In China, the Shanghai Composite closed down 1.2%, while the Hang Seng index in Hong Kong is down 0.1%.The economic events calendar on Thursday has EU first-quarter GDP at 1000 BST, with the US issuing its April trade balance and jobless claims for May at 1330 BST.

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3 Nov 2023 07:40

LONDON BRIEFING: Currys sells Greece and Cyprus arm; Wickes sales fall

(Alliance News) - London's FTSE 100 is called to open higher on Friday, following a positive handover from Asia, putting it on track for its strongest weekly gain since mid-September.

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2 Nov 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
Associated British Foods PLCFull Year Results
Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
Wednesday 8 November 
Conduit Holdings LtdQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
Thursday 9 November 
3i Group PLCHalf Year Results
Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
Indivior PLCQ3 Results
John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
National Grid PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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10 Oct 2023 08:59

LONDON BROKER RATINGS: DZ Bank raises BAE Systems to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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15 Sep 2023 15:47

UK dividends calendar - next 7 days

Monday 18 September 
Pearson PLCdividend payment date
Quilter PLCdividend payment date
Shaftesbury Capital PLCdividend payment date
Shell PLCdividend payment date
Tuesday 19 September 
Alpha Financial Markets Consulting PLCdividend payment date
Rathbones Group PLCex-dividend payment date
Wednesday 20 September 
abrdn Asia Focus PLCdividend payment date
Domino's Pizza Group PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
OSB Group PLCdividend payment date
Sabre Insurance Group PLCdividend payment date
Scottish American Investment Co PLCdividend payment date
Thursday 21 September 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Group International PLCex-dividend payment date
Brickability Group PLCdividend payment date
Brooks Macdonald Group PLCex-dividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
Costain Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCspecial ex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Dowlais Group PLCex-dividend payment date
Essentra PLCex-dividend payment date
FDM Group Holdings PLCex-dividend payment date
Fidelity European Trust PLCex-dividend payment date
Forterra PLCex-dividend payment date
Gamma Communications PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
Harworth Group PLCex-dividend payment date
Highcroft Investments PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IG Group Holdings PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
JTC PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Mattioli Woods PLCex-dividend payment date
Midwich Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Redrow PLCex-dividend payment date
Regional REIT Ltdex-dividend payment date
Restore PLCex-dividend payment date
Rio Tinto PLCdividend payment date
Schroders PLCdividend payment date
SSE PLCdividend payment date
STV Group PLCex-dividend payment date
Vanquis Banking Group PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
XPS Pensions Group PLCdividend payment date
Friday 22 September 
abrdn Equity Income Trust PLCdividend payment date
Arbuthnot Banking Group PLCdividend payment date
Athelney Trust PLCdividend payment date
Auto Trader Group PLCdividend payment date
BP PLCdividend payment date
Capital & Regional PLCdividend payment date
Empiric Student Property PLCdividend payment date
Glencore PLCdividend payment date
Glencore PLCspecial dividend payment date
Henderson Opportunities Trust PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Man Group PLCdividend payment date
PayPoint PLCdividend payment date
Reach PLCdividend payment date
Rotork PLCdividend payment date
Segro PLCdividend payment date
Speedy Hire PLCdividend payment date
St James's Place PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Sep 2023 15:46

UK shareholder meetings calendar - next 7 days

Friday 8 September 
Berkeley Group Holdings PLCAGM
Byotrol PLCAGM
Gear4Music PLCAGM
JLEN Environmental Assets Group LtdAGM
Kenmare Resources PLCEGM re proposed tender offer
Mid Wynd International Investment Trust PLCAGM
SVM UK Emerging Fund PLCAGM
Monday 11 September 
SDCL Energy Efficiency Income Trust PLCAGM
Tuesday 12 September 
DWF Group PLCGM re cash acquisition by Aquila Bidco Ltd
Northern Bear PLCAGM
RC365 Holding PLCAGM
Rockwood Strategic PLCAGM
Sure Ventures PLCAGM
Warehouse REIT PLCAGM
Wednesday 13 September 
BH Macro LtdAGM
Castelnau Group LtdAGM
Creightons PLCAGM
Eckoh PLCAGM
Glantus Holdings PLCEGM re takeover by Basware
Hornby PLCAGM
Marlowe PLCAGM
Worsley Investors LtdAGM
Thursday 14 September 
AEW UK REIT PLCAGM
Altitude Group PLCAGM
Auto Trader Group PLCAGM
Baker Steel Resources Trust LtdAGM
Belluscura PLCAGM
IG Design Group PLCAGM
Mode Global Holdings PLCAGM
Ryanair Holdings PLCAGM
Twenty Four Income Fund LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Sep 2023 09:45

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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17 Aug 2023 15:43

UK dividends calendar - next 7 days

Friday 18 August 
British American Tobacco PLCdividend payment date
Castings PLCdividend payment date
CML Microsystems PLCdividend payment date
Elixirr International PLCdividend payment date
FirstGroup PLCdividend payment date
Halma PLCdividend payment date
Invesco Bond Income Plus Ltddividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
Momentum Multi-Asset Value Trust PLCdividend payment date
Primary Health Properties PLCdividend payment date
Monday 21 August 
no events scheduled 
Tuesday 22 August 
no events scheduled 
Wednesday 23 August 
Axiom European Financial Debt Fund Ltddividend payment date
Porvair PLCdividend payment date
Thursday 24 August 
abrdn Asia Focus PLCex-dividend payment date
Arbuthnot Banking Group PLCex-dividend payment date
Artemis Alpha Trust PLCex-dividend payment date
Atlantis Japan Growth Fund Ltdex-dividend payment date
Auto Trader Group PLCex-dividend payment date
Aviva PLCex-dividend payment date
Brickability Group PLCex-dividend payment date
Carr's Group PLCex-dividend payment date
Cohort PLCex-dividend payment date
Diageo PLCex-dividend payment date
Drax Group PLCex-dividend payment date
Glanbia PLCex-dividend payment date
Haleon PLCex-dividend payment date
Hammerson PLCex-dividend payment date
Henderson Smaller Cos Investment Trust PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
Ibstock PLCex-dividend payment date
Just Group PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
Lookers PLCex-dividend payment date
Merchants Trust PLCdividend payment date
Mondi PLCex-dividend payment date
OSB Group PLCex-dividend payment date
Personal Assets Trust PLCex-dividend payment date
Qinetiq Group PLCdividend payment date
Shaftesbury Capital PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Temple Bar Investment Trust PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
XPS Pensions Group PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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1 Aug 2023 09:24

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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31 Jul 2023 12:04

EXECUTIVE CHANGES: RBG adds Ian Rosenblatt to board; new Tracsis chair

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and late last week and not separately reported by Alliance News:

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25 Jul 2023 17:05

Miners boost FTSE 100 on China recovery hopes; Unilever shines

Unilever up on Q2 sales beat

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25 Jul 2023 09:03

JPMorgan downgrades Auto Trader to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded Auto Trader on Tuesday to 'underweight' from 'neutral' and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation.

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25 Jul 2023 09:01

LONDON BROKER RATINGS: Auto Trader and Moneysupermarket ratings cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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25 Jul 2023 07:50

Broker tips: Auto Trader, Ceres Power

(Sharecast News) - JPMorgan Cazenove downgraded Auto Trader on Tuesday to 'underweight' from 'neutral' and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation.

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25 Jul 2023 07:49

LONDON BRIEFING: Stocks seen higher; Unilever posts solid profit rise

(Alliance News) - Stocks in London are set to open higher on Tuesday, buoyed by a strong performance amongst Chinese equities as Beijing pledged fresh economic support measures.

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