Bapcor CEO's Credentials Look Strong to Bulls -- Market Talk

Dow Jones

2025/12/18

0354 GMT - Bapcor looks cheap to its bulls at Jefferies, not least given the strong credentials of the Australian autoparts supplier's new CEO. Analysts John Campbell and William Richardson sound relieved that Bapcor has appointed someone with deep after-market industry experience in both retail and trade. They tell clients that Angus McKay's departure is no surprise given his failure to deliver a turnaround, with Chris Wilesmith apparently a good fit as Bapcor's fourth CEO in four years. Jefferies has a buy rating and A$2.50 target price on the stock, which is up 15% at A$2.05. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

December 17, 2025 22:54 ET (03:54 GMT)

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