Buy it: Car classified firm Auto Trader has an 80 per cent share of its market
BUY THIS: Autotrader
Investec has given this car classified firm a ‘Buy’ rating.
Auto Trader has an 80 per cent share of its market with more than 55m visits a month.
Investec said: ‘We see Auto as a well-placed structural growth story.’
SELL THIS: Countrywide
Analysts at Peel Hunt have issued a ‘Reduce’ rating following a difficult year for the estate agent.
This week Countrywide reported a £212million loss that sent its share price tumbling.
And Peel Hunt reckons the lettings fee ban in 2019 will have a further negative impact on performance.