National Tyre & Wheel Limited

( ASX:NTD ) - Retailing

Analyst Views

NTD – Morgans rates the stock as Add

FY18 results beat prospectus and Morgans’ forecasts. The broker notes a modest maiden contribution from the Statewide acquisition. The broker believes the business is well-placed to consolidate the wholesale tyre market and this is where there are meaningful earnings opportunities.

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