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The latest update is out from CAR Group ( (AU:CAR) ).
CAR Group Limited has announced the issuance of 288,100 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until these restrictions are lifted, reflecting the company’s strategy to incentivize and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$42.55 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 operates in the automotive industry, focusing on providing innovative solutions and services related to vehicle performance and management. The company is known for its commitment to enhancing automotive experiences and maintaining a strong presence in the market.
YTD Price Performance: -1.47%
Average Trading Volume: 904,730
Technical Sentiment Signal: Hold
Current Market Cap: A$13.14B
For detailed information about CAR stock, go to TipRanks’ Stock Analysis page.