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CAR Group ( (AU:CAR) ) has shared an update.
CAR Group Limited has announced a leadership transition with William Elliott, the current CFO, set to take over as CEO from Cameron McIntyre, who has been with the company for 18 years. This change is part of a well-planned succession strategy, with Elliott bringing over a decade of experience within the company and a strong financial and commercial acumen. The transition is expected to maintain the company’s growth trajectory and strengthen its position in the global market.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$42.00 price target. To see the full list of analyst forecasts on CAR Group stock, see the AU:CAR Stock Forecast page.
More about CAR Group
CAR Group Limited is a prominent company in the automotive industry, known for its significant growth and global presence. The company has expanded to become an ASX Top 50 company with a substantial portion of its business operations based offshore, indicating a strong market focus on international expansion and leadership in its sector.
Average Trading Volume: 749,234
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$14.17B
For an in-depth examination of CAR stock, go to TipRanks’ Overview page.