Macquarie Keeps Their Buy Rating on Eagers Automotive Limited (APE)


Macquarie Keeps Their Buy Rating on Eagers Automotive Limited (APE)

According to TipRanks, Mulligan is an analyst with an average return of -8.4% and a 50.00% success rate.

Eagers Automotive Limited has an analyst consensus of Hold, with a price target consensus of A$16.06, which is a -8.49% downside from current levels. In a report released today, Morgans also maintained a Buy rating on the stock with a A$19.15 price target.

Based on Eagers Automotive Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$5.73 billion and a net profit of A$89.08 million. In comparison, last year the company earned a revenue of A$5.03 billion and had a net profit of A$143.34 million

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is neutral on the stock.

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