Eagers Pleases With Deal for Gold Coast, Sydney Dealerships -- Market Talk

Dow Jones04-02

2128 GMT - Eagers Automotive's latest deal pleases its bull at Jefferies. Eagers is acquiring 49% of Grand Motors Group, which owns dealerships on Australia's Gold Coast and in Sydney. Analyst John Campbell says the deal should increase Eagers's share of the country's car market to 15%, from 14% in FY 2025. There's no risk that Australia's competition regulator will object to the deals, he says. Eagers has very little presence on the Gold Coast and has limited Sydney exposure, reducing competition concerns. "The deal also increases easyauto123 opportunities, improves back-office efficiencies and allows for tech sharing savings," Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Wednesday at A$24.63. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 01, 2026 17:28 ET (21:28 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2624542835?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-02 05:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2624542835","market":"sh","top_or_hot":-1,"title":"Eagers Pleases With Deal for Gold Coast, Sydney Dealerships -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2128 GMT - <a href=\"https://laohu8.com/S/APEAF\">Eagers Automotive</a>'s latest deal pleases its bull at Jefferies. Eagers is acquiring 49% of Grand Motors Group, which owns dealerships on Australia's Gold Coast and in Sydney. Analyst John Campbell says the deal should increase Eagers's share of the country's car market to 15%, from 14% in FY 2025. There's no risk that Australia's competition regulator will object to the deals, he says. Eagers has very little presence on the Gold Coast and has limited Sydney exposure, reducing competition concerns. \"The deal also increases easyauto123 opportunities, improves back-office efficiencies and allows for tech sharing savings,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Wednesday at A$24.63. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 17:28 ET (21:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eagers Pleases With Deal for Gold Coast, Sydney Dealerships -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEagers Pleases With Deal for Gold Coast, Sydney Dealerships -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-02 05:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2128 GMT - <a href=\"https://laohu8.com/S/APEAF\">Eagers Automotive</a>'s latest deal pleases its bull at Jefferies. Eagers is acquiring 49% of Grand Motors Group, which owns dealerships on Australia's Gold Coast and in Sydney. Analyst John Campbell says the deal should increase Eagers's share of the country's car market to 15%, from 14% in FY 2025. There's no risk that Australia's competition regulator will object to the deals, he says. Eagers has very little presence on the Gold Coast and has limited Sydney exposure, reducing competition concerns. \"The deal also increases easyauto123 opportunities, improves back-office efficiencies and allows for tech sharing savings,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Wednesday at A$24.63. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 17:28 ET (21:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7143","symbol_name":"汽车零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624542835","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624542835","pubTimestamp":1775078880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2128 GMT - Eagers Automotive's latest deal pleases its bull at Jefferies. Eagers is acquiring 49% of Grand Motors Group, which owns dealerships on Australia's Gold Coast and in Sydney. Analyst John Campbell says the deal should increase Eagers's share of the country's car market to 15%, from 14% in FY 2025. There's no risk that Australia's competition regulator will object to the deals, he says. Eagers has very little presence on the Gold Coast and has limited Sydney exposure, reducing competition concerns. \"The deal also increases easyauto123 opportunities, improves back-office efficiencies and allows for tech sharing savings,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Wednesday at A$24.63. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7143":"汽车零售","APE.AU":"Eagers Automotive Ltd"},"translate_title":"Eagers对黄金海岸和悉尼经销商的交易感到满意——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APE.AU":0.9},"content_text":"2128 GMT - Eagers Automotive's latest deal pleases its bull at Jefferies. Eagers is acquiring 49% of Grand Motors Group, which owns dealerships on Australia's Gold Coast and in Sydney. Analyst John Campbell says the deal should increase Eagers's share of the country's car market to 15%, from 14% in FY 2025. There's no risk that Australia's competition regulator will object to the deals, he says. Eagers has very little presence on the Gold Coast and has limited Sydney exposure, reducing competition concerns. \"The deal also increases easyauto123 opportunities, improves back-office efficiencies and allows for tech sharing savings,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Wednesday at A$24.63. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 01, 2026 17:28 ET (21:28 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2624542835","isCrawlerRequest":true}