CAR Group Ltd

CAR: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$74.00	Hbndfk	Xpjfjcrqpf

Carsales.com Changes Name to CAR Group

Roy Van Keulen

Nov 2, 2023

Following shareholder approval at its annual general meeting and registration with the Australian Securities and Investments Commission, the former Carsales.com has changed its name to CAR Group. The name change will be effective on the ASX on Friday, Nov. 3, 2023. The company’s ticker is unchanged. Our fair value estimate is unchanged at AUD 25 per share. At current prices, CAR Group shares screen as overvalued.

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