CAR Group Ltd
CAR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$66.00 | Wwbhrt | Sjpvfsdb |
Carsales.com Changes Name to CAR Group
Following shareholder approval at its annual general meeting and registration with the Australian Securities and Investments Commission, the former Carsales.com has changed its name to CAR Group. The name change will be effective on the ASX on Friday, Nov. 3, 2023. The company’s ticker is unchanged. Our fair value estimate is unchanged at AUD 25 per share. At current prices, CAR Group shares screen as overvalued.