$3.60 target price at Morgan’s.
We struggle to explain what is driving this growing discount implied by KAR’s share price outside of top-down fears driving broad investor selling, but believe the discount will prove unsustainable. We maintain our Add rating with an upgraded A$3.60 target price (was A$3.20).
Higher price depending on success of Patola
Increased Target price at Morgan’s
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Last
$1.33 |
Change
-0.038(2.74%) |
Mkt cap ! $1.048B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.33 | $4.220M | 3.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2816 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 100483 | 34 |
View Market Depth
| Last trade - 13.13pm 13/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |