0004 GMT - CAR Group's CEO-elect is a very capable executive and well liked by investors, E&P analyst Entcho Raykovski says. As such, the announcement of CEO Cameron McIntyre's impending replacement by Chief Financial Officer William Elliott isn't likely to generate a notable negative market response, Raykovski writes in a note to clients. The Australia-listed vehicle advertiser's unaudited FY 2025 earnings are in line with consensus expectations, he adds. E&P has a neutral rating and A$36.00 target price on the stock, which is at A$37.44 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 20:04 ET (00:04 GMT)
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