$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
$1.72 |
Change
-0.070(3.92%) |
Mkt cap ! $1.374B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.77 | $1.71 | $15.32M | 8.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79609 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 78082 | 3 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
-0.070 ( 4.18 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.77 | $1.71 | 2425046 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| KAR (ASX) Chart |