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Bapcor Ltd ( (AU:BAP) ) has issued an announcement.
Trading in Bapcor Limited securities on the ASX has been reinstated following the company’s release of results for the institutional component of its capital raising. The lifting of the suspension allows normal trading to resume, signalling progress in Bapcor’s funding plans and providing clarity for investors and other stakeholders on the status of its capital raising initiative.
The most recent analyst rating on (AU:BAP) stock is a Hold with a A$2.28 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.
More about Bapcor Ltd
Bapcor Limited, listed on the ASX under the ticker BAP, operates in the automotive aftermarket industry. The company is involved in the supply and distribution of automotive parts, accessories and related services to trade, retail and wholesale customers across its markets.
Average Trading Volume: 2,580,235
Technical Sentiment Signal: Sell
Current Market Cap: A$582.1M
For a thorough assessment of BAP stock, go to TipRanks’ Stock Analysis page.