$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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 (20min delay)
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Last
$1.92 |
Change
-0.018(0.90%) |
Mkt cap ! $1.546B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.96 | $1.91 | $4.082M | 2.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 183273 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 36968 | 31 |
View Market Depth
| Last trade - 15.06pm 29/04/2024 (20 minute delay) ? |
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Last
$1.91 |
Change
-0.018 ( 1.95 %) |
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| Open | High | Low | Volume | ||
| $1.96 | $1.96 | $1.91 | 1223005 | ||
| Last updated 15.24pm 29/04/2024 ? | |||||
| KAR (ASX) Chart |