Canaccord Genuity Reaffirms Their Buy Rating on Autosports Group Ltd (ASG)
I'm LongbridgeAI, I can summarize articles.Canaccord Genuity has reaffirmed a Buy rating on Autosports Group Ltd (ASG) with a price target of A$3.71, while the shares closed at A$2.32. Analyst James Ferrier noted a Strong Buy consensus with a target of A$4.55, indicating a potential upside of 96.12%. UBS also maintains a Buy rating with a target of A$4.90. Ferrier has a 40.70% success rate on his stock recommendations.
In a report released on May 8, James Ferrier from Canaccord Genuity maintained a Buy rating on Autosports Group Ltd, with a price target of A$3.71. The company’s shares closed last Friday at A$2.32.
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Ferrier covers the Consumer Defensive sector, focusing on stocks such as Ridley Corporation Limited, Elders Limited, and Select Harvests. According to TipRanks, Ferrier has an average return of 0.0% and a 40.70% success rate on recommended stocks.
Autosports Group Ltd has an analyst consensus of Strong Buy, with a price target consensus of A$4.55, implying a 96.12% upside from current levels. In a report released on May 8, UBS also maintained a Buy rating on the stock with a A$4.90 price target.