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Eagers Automotive Limited ( (AU:APE) ) has shared an update.
Eagers Automotive Limited announced a change in the director’s interest, with Gregory James Duncan acquiring 29,167 ordinary shares through participation in an accelerated non-renounceable entitlement offer. This change reflects a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future performance and impacting shareholder dynamics.
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. The company is known for its extensive network of dealerships and offers a range of automotive services and products, catering to a broad market of vehicle consumers.
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.