Added to YB: 2026-06-03
Pitch date: 2026-06-01
ATG.L [neutral]
Auction Technology Group plc
-3.44%
current return
Author Info
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Company Info
Auction Technology Group plc operates online auction marketplaces in the United Kingdom, the United States, and Germany.
Market Cap
GBP 713.9M
Pitch Price
GBP 4.42
Price Target
5.50 (+29%)
Dividend
N/A
EV/EBITDA
15.68
P/E
-4.71
EV/Sales
3.83
Sector
Diversified Consumer Services
Category
special_situation
Monthly SpreadHunters Monitoring - AUCTION TECHNOLOGY GROUP (ATG.L) – Possible take over
ATG.L (update): FitzWalter (26% stake, accumulating) withdrew 400p/share bid (£491M) Feb 2 after 13 rejected offers; stock fell to 280p vs ~550p intrinsic value. New CEO Painter (ex-Ascential) signals openness to restructuring/I&C sale (45% EBITDA). H1 FY26 rev +42% YoY, guidance upgraded to +5-6%. Rule 2.8 cooling-off expires Aug 2—July/Aug key for renewed bid.
Read full article (3 min)