Carsales.com Limited’s Buy Rating Reiterated at Deutsche Bank (CRZ)
Carsales.com Limited (ASX:CRZ)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Monday. They currently have a $12.00 target price on the stock.
Shares of Carsales.com Limited (ASX:CRZ) traded up 1.82% during mid-day trading on Monday, hitting A$11.160. The stock had a trading volume of 770,492 shares. Carsales.com Limited has a 52 week low of A$8.690 and a 52 week high of A$12.610. The stock has a 50-day moving average of A$11.20 and a 200-day moving average of A$10.80. The company has a market cap of A$2.654 billion and a P/E ratio of 27.40.
carsales.com Ltd is engaged in Internet automotive classified advertising and sales/maintenance of software data services and Website development supporting the automotive industry.
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