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.

 

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