Business
Brokers are bullish on these 4 ASX 200 shares
Big brokers have run the ruler on new announcements and notable share price movements. Here are the ASX 200 shares that have been upgraded to a buy or buy equivalent rating on Thursday.
4 bullish ASX 200 shares
Bapcor Ltd (ASX: BAP)
Bapcor announced its plans to expand into Asia by acquiring 25% of the issued equity of Tye Soon. Tye Soon is an independent automotive parts distributor in South East and North East Asia, distributing a wide range of parts and aftermarket parts. Bapcor will invest approximately SGD$12.5 million for the 25% stake and work together to maximise opportunities in the Asia and Australasia region.
Citi believes the acquisition will provide Bapcor with a base to grow its Asian business and address the…
-
Noosa News18 hours agoTwo in five Brisbane streets have no footpaths, with council building about 4km of new paths last year
-
General19 hours ago‘Genuinely historic’: Australia and PNG sign major deal
-
General22 hours agoWanted: an effective Opposition | The Spectator Australia
-
Noosa News17 hours agoWeather to warm up in Queensland, as more rain forecast for the north