$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
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- Increased Target price at Morgan’s
Increased Target price at Morgan’s
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Last
$1.73 |
Change
0.015(0.87%) |
Mkt cap ! $1.342B |
Open | High | Low | Value | Volume |
$1.71 | $1.73 | $1.65 | $6.380M | 3.789M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 74246 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.73 | 40497 | 39 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
51 | 73131 | 1.725 |
29 | 65882 | 1.720 |
14 | 61674 | 1.715 |
15 | 97777 | 1.710 |
13 | 100175 | 1.705 |
Price($) | Vol. | No. |
---|---|---|
1.730 | 52904 | 41 |
1.735 | 79880 | 24 |
1.740 | 110344 | 16 |
1.745 | 365794 | 11 |
1.750 | 45853 | 10 |
Last trade - 13.06pm 05/06/2024 (20 minute delay) ? |
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Last
$1.72 |
  |
Change
0.015 ( 0.30 %) |
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Open | High | Low | Volume | ||
$1.71 | $1.73 | $1.66 | 1328313 | ||
Last updated 13.25pm 05/06/2024 ? |
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KAR (ASX) Chart |
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