Eagers Automotive Limited (APE) Gets a Hold from J.P. Morgan
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Donald Carducci maintained a Hold rating on Eagers Automotive Limited (APE) with a price target of A$22.40, while shares closed at A$19.95. The stock holds a Moderate Buy consensus with an average price target of A$27.43. Additionally, UBS maintained a Hold rating on May 28 with a higher target of A$28.60.
J.P. Morgan analyst Donald Carducci maintained a Hold rating on Eagers Automotive Limited yesterday and set a price target of A$22.40. The company’s shares closed today at A$19.95.
Claim 55% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
According to TipRanks, Carducci is an analyst with an average return of -2.1% and a 49.66% success rate. Carducci covers the Consumer Cyclical sector, focusing on stocks such as Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh, Aristocrat Leisure , and Eagers Automotive Limited.
Eagers Automotive Limited has an analyst consensus of Moderate Buy, with a price target consensus of A$27.43, a 37.49% upside from current levels. In a report released on May 28, UBS also maintained a Hold rating on the stock with a A$28.60 price target.