Macquarie analyst maintained a Hold rating on CAR Group today and set a price target of A$39.00. The company's shares closed last Friday at €20.60.
In addition to Macquarie, CAR Group also received a Hold from Jarden's Tom Beadle in a report issued yesterday. However, on the same day, Citi maintained a Buy rating on CAR Group (Frankfurt: WN6).
Based on CAR Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €579.41 million and a net profit of €123.48 million. In comparison, last year the company earned a revenue of €530.96 million and had a net profit of €117.03 million