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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 Nicholas George Politis acquiring 6,114,883 ordinary shares at $21.00 per share, increasing his total holdings to 79,163,931 shares. This acquisition was part of the company’s accelerated non-renounceable entitlement offer and retail entitlement offer, potentially strengthening Politis’s influence within the company and indicating confidence in its future performance.
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 a significant player in the market, providing a wide range of automotive products and services to consumers.
Average Trading Volume: 627,700
Technical Sentiment Signal: Buy
Current Market Cap: A$9.72B
Find detailed analytics on APE stock on TipRanks’ Stock Analysis page.