Eagers Automotive Shakes off Bears at UBS -- Market Talk

Dow Jones
11/05

0325 GMT - Eagers Automotive shakes off its bears at UBS amid improved near-term earnings momentum at the Australian auto dealer. Raising their recommendation to neutral from sell, UBS analysts tell clients in a note that Eagers has maintained stronger front-end margins than they had expected and is executing well on controlling operating costs. The analysts add that Eagers is benefiting from stronger momentum from BYD vehicles with consumers, while its investment in CanadaOne looks more accretive and higher quality than UBS had expected. UBS lifts its target price 76% to A$33.00. Shares are down 0.5% at A$32.40. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

November 04, 2025 22:25 ET (03:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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