---
title: "Canaccord Genuity Sticks to Its Buy Rating for Eagers Automotive Limited (APE)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295157656.md"
description: "Canaccord Genuity analyst Andrew Hodge maintained a Buy rating on Eagers Automotive Limited (APE) with an A$28.50 price target, while shares closed at A$23.85. The broader analyst consensus is a Moderate Buy with an average target of A$26.32. Additionally, Morgans also issued a Buy rating with a A$27.25 target."
datetime: "2026-08-06T23:45:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295157656.md)
  - [en](https://longbridge.com/en/news/295157656.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295157656.md)
generator: "portal-rs"
---

# Canaccord Genuity Sticks to Its Buy Rating for Eagers Automotive Limited (APE)

Canaccord Genuity analyst Andrew Hodge maintained a Buy rating on Eagers Automotive Limited on August 3 and set a price target of A$28.50. The company’s shares closed today at A$23.85.

### Claim 55% Off TipRanks

-   Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
-   Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks

According to TipRanks, Hodge is a 3-star analyst with an average return of 2.8% and a 47.96% success rate. Hodge covers the Consumer Cyclical sector, focusing on stocks such as Eagers Automotive Limited, ARB Corporation , and WEB Travel Group.

Currently, the analyst consensus on Eagers Automotive Limited is a Moderate Buy with an average price target of A$26.32, implying a 10.36% upside from current levels. In a report released today, Morgans also maintained a Buy rating on the stock with a A$27.25 price target.

### Related Stocks

- [APE.AU](https://longbridge.com/en/quote/APE.AU.md)
- [ARB.AU](https://longbridge.com/en/quote/ARB.AU.md)
- [WEB.AU](https://longbridge.com/en/quote/WEB.AU.md)

## Related News & Research

- [Bell Potter Remains a Buy on Eagers Automotive Limited (APE)](https://longbridge.com/en/news/285135333.md)
- [Macquarie Reaffirms Their Buy Rating on Alpha HPA Limited (A4N)](https://longbridge.com/en/news/297576045.md)
- [Frontier Energy Limited (FHE) Receives a Buy from Ord Minnett](https://longbridge.com/en/news/297457397.md)
- [Shaw and Partners Sticks to Their Buy Rating for Beforepay Group Limited (B4P)](https://longbridge.com/en/news/297573018.md)
- [Kingsgate Consolidated Limited (KSKGF) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/297458127.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**