CAR Group Bull Wonders if Revenue Guidance is Optimistic

Dow Jones
08/10

0338 GMT - CAR Group's bull at Citi wonders whether the vehicle advertiser's guidance for 11%-14% fiscal 2027 revenue growth is optimistic. Analyst Siraj Ahmed points out that the Australia-listed group's fiscal 2026 revenue came in at the bottom end of its guidance range despite being buoyed by acquisitions. Ahmed suggests that a weak macroeconomic backdrop might be a reason for pessimism. He is surprised at the strength in the company's shares following the result. Nonetheless, he tells clients in a note that CAR Group's ongoing product development should still underpin medium-term revenue growth in the double digits. Citi has a last-published buy rating on the stock and a target price of 30.60 Australian dollars. Shares are up 8.5% at A$29.31.

 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10