Endeavour's CEO Start Date Could Create Strategic Uncertainty -- Market Talk

Dow Jones

May 01, 2025

0020 GMT - The delay between Endeavour Group's announcement of its new CEO and her starting work could create a period of strategic uncertainty, Citi analyst Sam Teeger warns. The drinks and hospitality group appointed Jayne Hrdlicka this week, but she doesn't assume the role until 2026. Teeger tells clients in a note that Endeavour is likely to continue trading at undemanding multiples until investors become more confident in its ability to manage medium-term margins. There is also uncertainty over rents and gaming regulation, he adds. Citi has a neutral rating and A$4.50 target price on the stock, which is up 2.5% at A$4.09. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 20:20 ET (00:20 GMT)

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The drinks and hospitality group appointed Jayne Hrdlicka this week, but she doesn't assume the role until 2026. Teeger tells clients in a note that Endeavour is likely to continue trading at undemanding multiples until investors become more confident in its ability to manage medium-term margins. There is also uncertainty over rents and gaming regulation, he adds. Citi has a neutral rating and A$4.50 target price on the stock, which is up 2.5% at A$4.09. 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The drinks and hospitality group appointed Jayne Hrdlicka this week, but she doesn't assume the role until 2026. Teeger tells clients in a note that Endeavour is likely to continue trading at undemanding multiples until investors become more confident in its ability to manage medium-term margins. There is also uncertainty over rents and gaming regulation, he adds. Citi has a neutral rating and A$4.50 target price on the stock, which is up 2.5% at A$4.09. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 20:20 ET (00:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EDV.AU","symbol_name":"Endeavour Group Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2532019060","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532019060","pubTimestamp":1746058800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0020 GMT - The delay between Endeavour Group's announcement of its new CEO and her starting work could create a period of strategic uncertainty, Citi analyst Sam Teeger warns. 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