Auction Technology Group PLC 15.9% potential upside indicated by JP Morgan

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Auction Technology Group PLC with ticker (LON:ATG) now has a potential upside of 15.9% according to JP Morgan.

JP Morgan set a target price of 1,687 GBX for the company, which when compared to the Auction Technology Group PLC share price of 1,418 GBX at opening today (07/12/2021) indicates a potential upside of 15.9%. Trading has ranged between 735 (52 week low) and 1,680 (52 week high) with an average of 176,665 shares exchanging hands daily. The market capitalisation at the time of writing is £1,776,000,000.

Auction Technology Group PLC is a United Kingdom-based technology company. The Company is the operator of the marketplaces for curated online auctions. It offers three sectors, such as industrial machinery, construction and farm equipment, art, antiques and collectables, and consumer surplus and retail returns. It offers a consistent user experience, service support and system delivery through multiple touchpoints, with real-time audio and video broadcast of auctions. Its technology and tools include Global Auction Platform, WaveBid and Auction Mobility. The Global Auction Platform is a hosting live and timed auctions across multiple brands each day, with real-time audio and video broadcast. The WaveBid offers a suite of products designed to simplify auction house management. The Auction Mobility provides digital auction technology for auctioneers that have bespoke requirements for running the businesses, including customized auction software, Website design and e-commerce solutions.

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