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The latest update is out from Eagers Automotive Limited ( (AU:APE) ).
Eagers Automotive Limited announced a change in the director’s interest, with David Scott Blackhall acquiring an additional 4,167 ordinary shares through participation in an accelerated non-renounceable entitlement offer. This acquisition increases his total holdings to 54,167 shares, reflecting a strategic move to strengthen his stake in the company, which could signal confidence in the company’s future prospects.
The most recent analyst rating on (AU:APE) stock is a Hold with a A$33.00 price target. To see the full list of analyst forecasts on Eagers Automotive Limited stock, see the AU:APE Stock Forecast page.
More about Eagers Automotive Limited
Eagers Automotive Limited operates in the automotive industry, focusing on the sale and distribution of motor vehicles and related services. The company is known for its extensive network of dealerships across Australia, providing a range of automotive products and services.
Average Trading Volume: 627,700
Technical Sentiment Signal: Buy
Current Market Cap: A$9.72B
For detailed information about APE stock, go to TipRanks’ Stock Analysis page.