Endeavour's Refresh Won't Change Everything -- Market Talk

Dow Jones03-05 06:22

2221 GMT - Endeavour Group has already confirmed its refreshed strategy will include an element of continuity, Morgans analyst Alexander Lu observes. He points out that, while the alcohol and hospitality retailer expects to hold an investor day in May, it has already confirmed two key points. Firstly, the Australia-listed company intends to maintain ownership of a combined retail and hotels portfolio. It also plans to continue investing in pricing at its Dan Murphy's alcohol stores, which it has already been doing over recent months. Morgans trims its target price 1.4% to A$3.65 and keeps a hold rating on the stock, which is at A$3.84 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 04, 2026 17:22 ET (22:22 GMT)

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