Motorcycle Holdings Gets New Bull on Dealership Deal -- Market Talk

Dow Jones

07/02

0045 GMT - Motorcycle Holdings's acquisition of seven dealerships from Peter Stevens Motorcycles prompts Morgans to upgrade the stock to buy from accumulate. The deal includes four dealerships selling Harley Davidson motorbikes and sees Motorcycle Holdings gain a presence in Perth and Adelaide for the first time. Analyst Jared Gelsomino views the price tag on the deal as highly compelling. "Despite Motorcycle Holdings's strong share-price performance over the last 12 months, we believe a significant opportunity remains for the combined group ahead," Morgans says. Motorcycle Holdings is down 0.3% at A$3.05. (david.winning@wsj.com; @dwinningWSJ)

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July 01, 2025 20:45 ET (00:45 GMT)

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The deal includes four dealerships selling Harley Davidson motorbikes and sees Motorcycle Holdings gain a presence in Perth and Adelaide for the first time. Analyst Jared Gelsomino views the price tag on the deal as highly compelling. \"Despite Motorcycle Holdings's strong share-price performance over the last 12 months, we believe a significant opportunity remains for the combined group ahead,\" Morgans says. Motorcycle Holdings is down 0.3% at A$3.05. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Motorcycle Holdings在经销商交易中获得新的牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MTO.AU":0.9},"content_text":"0045 GMT - Motorcycle Holdings's acquisition of seven dealerships from Peter Stevens Motorcycles prompts Morgans to upgrade the stock to buy from accumulate. The deal includes four dealerships selling Harley Davidson motorbikes and sees Motorcycle Holdings gain a presence in Perth and Adelaide for the first time. Analyst Jared Gelsomino views the price tag on the deal as highly compelling. \"Despite Motorcycle Holdings's strong share-price performance over the last 12 months, we believe a significant opportunity remains for the combined group ahead,\" Morgans says. Motorcycle Holdings is down 0.3% at A$3.05. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 01, 2025 20:45 ET (00:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}