Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Motorcycle Holdings Ltd. ( (AU:MTO) ).
MotorCycle Holdings Limited has successfully completed the acquisition of select business assets and operations of Peter Stevens Motorcycles Pty Ltd and Harley Heaven Pty Ltd, which were in administration. This acquisition includes several dealership locations and online businesses, enhancing MTO’s operational capabilities and market presence across multiple Australian states. The move signifies a strategic expansion for MTO, potentially strengthening its position in the motorcycle retail industry.
The most recent analyst rating on (AU:MTO) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on Motorcycle Holdings Ltd. stock, see the AU:MTO Stock Forecast page.
More about Motorcycle Holdings Ltd.
MotorCycle Holdings Limited is a prominent player in the motorcycle retail industry, focusing on the acquisition and operation of motorcycle dealerships across Australia. The company offers a range of motorcycles and related products, catering to a national market.
Average Trading Volume: 80,557
Technical Sentiment Signal: Buy
Current Market Cap: A$254.6M
Find detailed analytics on MTO stock on TipRanks’ Stock Analysis page.