BUZZ-Morningstar sees recovery in <a href="https://laohu8.com/S/AOV.AU">Amotiv</a>'s discretionary products sales from FY27 ** Analysts at Morningstar view shares of Australia's Amotiv AOV.AX as undervalued, finding the market overly focused on near-term weakness in sales of co's discretionary category products
** Analysts note automotive products firm's October 24 guidance of discretionary headwinds in Australia and New Zealand to continue throughout FY26, but see recovery from FY27, expecting macroeconomic softness to be transitory
** Morningstar sees continued resilience from the powertrain and undercar segment, due to strong demand for "wear-and-repair" parts amid a growing and aging pool of cars on Australian roads
** YTD, stock down 15.8%
(Reporting by Shruti Agarwal in Bengaluru; Editing by Nia Williams)
((Shruti.Agarwal@thomsonreuters.com))
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