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ARB Corporation (ARBFF) Receives a Hold from UBS

ARB Corporation (ARBFF) Receives a Hold from UBS

Business Insider9 hours ago
UBS analyst Timothy Piper maintained a Hold rating on ARB Corporation today and set a price target of A$35.00. The company's shares closed last Monday at $24.92.
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Piper covers the Consumer Cyclical sector, focusing on stocks such as ARB Corporation , Eagers Automotive Limited, and G.U.D. Holdings. According to TipRanks, Piper has an average return of 1.1% and a 49.44% success rate on recommended stocks.
In addition to UBS, ARB Corporation also received a Hold from Canaccord Genuity's Andrew Hodge in a report issued on August 4. However, on August 6, Morgans maintained a Buy rating on ARB Corporation (Other OTC: ARBFF).
ARBFF market cap is currently $1.94B and has a P/E ratio of 28.38.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ARBFF in relation to earlier this year.
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