Category: Stock Market

With earnings season in full swing, the team at Morgans has provided fresh analysis on ASX shares Dexus Convenience Retail REIT (ASX: DXC) and Beach Energy Ltd (ASX: BPT). 

Both companies released HY26 results over the last week. 

What did the companies report?

Dexus Convenience Retail REIT wholly owns a portfolio of service station and convenience retail assets.

It released its earnings results for the six months to 31 December 2025 this week. 

The company confirmed an interim distribution of 10.45 cents per security and confirmed its previously provided FY26 guidance.

Highlights included a high occupancy of 99.9% maintained, and a portfolio valuation uplift of $19.8 million, supporting a 4.4% increase in Net Tangible Assets (NTA) per security to $3.80. 

Meanwhile, oil and natural gas producer Beach Energy released FY26 half year earnings results last week. 

The company reported 1H FY26 underlying EBITDA of $558m and underlying NPAT of $219m. 

Both of these came in ahead of expectations.

An interim fully franked dividend of 1cps was also declared. 

What is Morgans’ take on these ASX shares?

The team at Morgans said Dexus Convenience REIT delivered a solid 1H26 operating result. 

It noted that the company has agreed to acquire two fund-through developments (~$35m combined), consistent with its ongoing portfolio repositioning toward metro and highway locations. 

Portfolio fundamentals remain sound, supported by long-dated leases, high occupancy and a tenant base weighted toward national operators, while gearing sits at the lower end of the target range, providing balance sheet capacity to fund the development pipeline.

The broker sees this ASX REIT as trading at a 26% discount to NAV.

It has placed an accumulate rating on these ASX shares along with a $2.90 target price.

Dexus Convenience REIT closed trading yesterday at $2.83. 

For Beach Energy shares, Morgans said the noisy 1H26 result was hard to analyse. 

Pushing its accounting treatments harder than its operations leaves us concerned around BPT’s forward FCF profile. Gradually declining reserves could suppress BPT’s valuation until it makes an acquisition, a difficult position to be in.

Based on this guidance, Morgans has downgraded its rating to trim (from hold), with an updated $1.09 target price.

Beach Energy shares closed yesterday at $1.13 each. 

Foolish takeaway 

Based on the guidance out of Morgans yesterday, it seems both of these ASX shares are close to fairly valued. 

However elsewhere, Bell Potter is more optimistic on Dexus Convenience REIT shares. 

The broker has a $3.25 price target along with a buy recommendation.

This indicates an upside of almost 15%. 

The post What’s Morgans’ view on these ASX shares following earnings results? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There aren’t too many Australian stocks on our market that I would be generous enough to call a ‘forever hold’. After all, the future is usually only obvious in hindsight. And forever is an awfully long time.

For a company to be called a ‘forever hold’, we must have absolute confidence that it produces a good or service that is highly likely to remain in demand in decades’ time, for one. But it must also, arguably, have a strong track record of moving with the times and always keeping its shareholders at the forefront of its priorities.

I believe Washington H. Soul Pattinson and Co Ltd (ASX: SOL) is one of those rare Australian stocks.

Washington H. Soul Pattinson, or Soul Patts for short, is a diversified investment house that invests in an underlying, diversified portfolio of assets it manages on behalf of its investors. This portfolio is huge in scope and scale, holding assets that range from other blue chip ASX shares to private credit, venture capital and unlisted assets.

Australians are almost certainly going to be looking for a reputable investing manager to look after and build their wealth for time immemorial. So that’s the first box of our ‘forever hold’ criteria ticked.

Why this Australian stock could be a forever hold

But what of our other requirements? Well, I think Soul Patts has these covered, too. And covered well.

This is a company that has been moving with the times for more than a century. Yep, Soul Patts first listed on the ASX way back in 1903, but has actually been around in some form or another for longer than the ASX (or its predecessor, the Sydney Stock Exchange) itself.

The past 25 years have arguably seen more global economic disruption than any other period in Soul Patts’ life, given the rise of the internet and the seismic changes it has unleashed worldwide. Yet, this Australian stock has managed to ride the wave without missing a beat.

In September last year, the company gave the markets an update, noting that Soul Patts investors had enjoyed a total return (share price growth plus dividend returns) of 13.7% per annum over the 25 years to 23 September 2025. That’s a whopping 5.7% per annum more than the broader market. Soul Patts also outperformed over the three-, five-, and ten-year periods to that date.

Past performance is never a guarantee of future success, of course. But it’s certainly worth more than nothing.

Not only that, but Soul Patts also possesses the best dividend track record on the ASX. This Australian stock’s shareholders have enjoyed an annual dividend increase every single year since 1998. That’s quite a feather in this company’s hat.

So I think Soul Patts is an Australian stock that ticks all of the boxes for a ‘forever hold’ investment. And right now, at just over $38 a share, Soul Patts shares are down by more than 15% from the 52-week high of $15.14 that we saw in September last year. Take that how you will.

The post This Australian stock is 15% cheaper today, but it’s a “forever” hold appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Neuren Pharmaceuticals Ltd (ASX: NEU) share price is in focus today after the company announced a new on-market share buy-back program of up to 5% of its shares, supported by a strong cash position from its DAYBUE® franchise.

What did Neuren Pharmaceuticals report?

• Announced a new 12-month on-market buy-back for up to 5% of shares on issue
• Buy-back to be conducted under section 65 of the NZ Companies Act 1993
• Strong cash position backed by growing DAYBUE® cash flows
• Buy-back discretionary, can be varied, suspended or terminated any time
• Development programs for NNZ-2591 well funded alongside buy-back

What else do investors need to know?

The buy-back will not occur during designated blackout periods – importantly, this includes the period before full-year results are announced. The 2025 full-year results are scheduled for release on 27 February 2026.

Shares purchased will be cancelled on acquisition, reducing total shares on issue and potentially boosting per-share value for remaining shareholders. The buy-back is within regulatory limits and will not require shareholder approval.

Neuren continues to advance its promising drug pipeline, including NNZ-2591 development for rare neurodevelopmental disorders, and holds orphan drug status for several programs in the US and EU.

What did Neuren Pharmaceuticals management say?

Neuren Chair Patrick Davies commented:

The Board views the current share price as materially undervaluing Neuren’s assets, relative to internal analyses and the range of recently published analyst valuations. Neuren has a very strong cash position, supported by growing cash flows from the DAYBUE® franchise. Neuren’s NNZ-2591 development programs for Phelan-McDermid syndrome, Pitt Hopkins syndrome and HIE all are, and will remain, well funded alongside the buy-back.

What’s next for Neuren Pharmaceuticals?

Neuren plans to monitor market conditions and its operational performance to guide the pace and timing of its buy-back over the next 12 months. The company intends to keep investors updated on shares bought and prices paid.

Ongoing product development and expansion of its neurodevelopmental drug portfolio, including the progression of NNZ-2591 through major clinical milestones, remain in focus, backed by healthy cash flow.

Neuren Pharmaceuticals share price snapshot

Over the past 12 months, Neuren Pharmaceuticals shares have risen 1%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Neuren Pharmaceuticals unveils on-market buy-back supported by strong cash flows appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

ASX investors like shares and exchange-traded funds (ETFs) that pay out dividends on a monthly basis. Here on the ASX, it is the norm to pay out just two dividends per year. That is rather unusual by international standards, where quarterly dividend payments are far more common.

As a result, the vast majority of ASX dividend shares follow that biannual schedule when it comes to their dividend payments to shareholders. A small minority opt for quarterly dividends. An even smaller number still pay 12 dividends per year. Yet, monthly dividend payers are very popular on the ASX. Given that frequency of income distributions, it’s not hard to understand why.

We’ve covered a number of the ASX’s monthly dividend payers, both stocks and ETFs, here at The Motley Fool Australia over the past 12 months. These include Plato Income Maximiser Ltd (ASX: PL8), Metrics Master Income Trust (ASX: MXT), and the BetaShares S&P Australian Shares High Yield ETF (ASX: HYLD).

But this week, we have a new monthly dividend ETF to welcome to the Australian share market.

It is none other than the VanEck Cash Plus Active ETF (ASX: MONY).

A new ASX ETF that will pay a monthly dividend

This new ASX exchange-traded fund from VanEck, unlike most ETFs on the share market, does not invest in an underlying portfolio of other stocks. Instead, it, according to the provider, targets “yield opportunities across different cash, cash-like instruments and short duration credit, issuers and individual securities”.

In simpler terms, this ETF invests in a portfolio of fixed-interest investments like bonds to generate reliable income for its investors. These investments average a credit rating of ‘A+’, and are sourced from respectable financial institutions. These include the Royal Bank of Canada, Spain’s Banco Santander. Our own ASX banks also feature heavily, including Commonwealth Bank of Australia (ASX: CBA), National Australia Bank Ltd (ASX: NAB), and Bendigo and Adelaide Bank Ltd (ASX: BEN). The income that the VanEck Cash Plus ETF, as we’ve already noted, is planned to be distributed to investors on a monthly basis.

The MONY ETF is fresh off the line, having only debuted on the ASX boards last Wednesday, 4 February. As such, it has yet to declare its maiden dividend distribution. However, the provider tells us that the average yield to maturity of its portfolio is sitting at 4.4%.

We will anticipate the first monthly dividend distribution from the VanEck Cash Plus Active ETF with relish. Until that is revealed, investors should keep in mind that this ASX ETF charges a management fee of 0.15% per annum.

The post The ASX just got a new ETF that pays monthly dividends appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Plato Income Maximiser. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Woolworths Group Ltd (ASX: WOW) shares closed 0.19% higher on Wednesday afternoon, at $31.75 a piece. 

Today’s marginal gain follows a continued upward trend for the supermarket giant in 2026 so far. Woolworths shares are 7.88% higher for the year-to-date and 5.59% higher for the year.

Most impressively, the current share price represents a 22.5% recovery from an all-time low of $25.91 in October last year.

The ASX supermarket’s shares crashed nearly 20% in August last year after it posted a disappointing FY25 result. The stock dropped to its all-time low in mid-October. It was saved from any further decline after the company posted a more positive first-quarter sales update. 

There hasn’t been any price-sensitive news out of the company in 2026, but the business is expected to post its half-year FY26 results later this month on Wednesday, the 25th of February.

It looks like investor confidence has continued returning. And even the latest Reserve Bank interest rate hike has done nothing to dent sentiment.

Are Woolworths shares a buy, sell or hold this year?

Analysts are divided about Woolworths’ shares right now. TradingView data shows that 4 out of 14 analysts have a buy or strong buy rating on the stock. The other 10 analysts have a hold rating.

The average target price is $30.97 per share, implying a 2.45% downside at the time of writing. The maximum target price is $37 per share, which implies a potential 16.5% increase for investors this year.

Hallihan has a hold rating on the supermarket giant. The broker noted that the supermarket giant is slowly recovering after its first-quarter results late last year. The team added that while Woolworths acknowledged that first-quarter sales were below expectations, group sales were up 2.7% and food sales were up 2.1% versus the prior period. 

“Competitive pricing and cost pressures limit near term upside, but scale advantages remain intact… The company’s defensive characteristics appeal in an economy of higher interest rates.”

But there’s another reason that Woolworths shares are still worth buying

Supermarkets are inherently defensive ASX stocks. Confidence and customer sentiment might fall, and people might have less money in their pockets if inflation keeps rising, but they still need to buy groceries. 

The benefit of Woolworths is its scale. This gives the company strong buying power, an extensive supply chain, and the ability to invest in efficiency over time.

The shares are still a good buy for passive income. In FY25, the supermarket business handed out a total of 85 cents per share, fully franked. Bell Potter expects the ASX retail stock to pay a boosted fully-franked dividend of 91 cents per share in FY26 and then 100 cents per share in FY27. 

The post Woolworths shares recover 22% from all-time low: Buy, sell or hold? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Woolworths Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Aussie Broadband and CSL. The Motley Fool Australia has recommended Aussie Broadband and CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Today, Superloop Ltd (ASX: SLC) announced that AGL Energy Ltd (ASX: AGL) plans to sell its telecommunications business. Superloop currently provides wholesale network services to Southern Phone Company, a subsidiary of AGL, under an agreement expiring in June 2029. The company flagged a potential annual gross margin impact of up to $4 million from the expected subscriber migration.

What did Superloop report?

• AGL Energy intends to divest its telecommunications business.
• Superloop’s wholesale agreement with Southern Phone (AGL subsidiary) expires June 2029.
• Subscriber migration from AGL’s network anticipated in first half of FY27.
• Estimated potential gross margin impact of up to $4 million per year if agreement usage drops fully.

What else do investors need to know?

Superloop supplies network and backhaul transit services to Southern Phone, which has contributed to its wholesale segment revenues. The agreement with Southern Phone runs until mid-2029, but changing circumstances could see a material reduction in usage and income should the migration occur as foreshadowed.

Management estimates the total annual gross margin impact could reach $4 million, depending on the extent of AGL’s migration from Superloop’s infrastructure. There is no mention of a change to guidance at this stage.

What’s next for Superloop?

Investors will watch for further developments as AGL progresses the sale and refocuses its telecommunications operations. Superloop will be assessing the full impact on its future earnings as more details emerge around the subscriber migration.

Superloop remains committed to servicing its large portfolio of consumer, business, and wholesale customers and continues to invest in its fibre and wireless network infrastructure.

Superloop share price snapshot

Over the past 12 months, Superloop shares have risen 8%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Superloop flags $4 million margin risk from AGL telecom business exit appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

These 3 ASX-listed real estate investment trusts have been in focus this week after releasing their latest half-year results.

Arena REIT (ASX: ARF) shares are up 0.86% to $3.53, Dexus Industria REIT (ASX: DXI) is 0.40% higher at $2.54, while Dexus Convenience Retail REIT (ASX: DXC) is flat at $2.82.

Arena REIT and Dexus Industria REIT reported today, while Dexus Convenience Retail REIT released its numbers on Monday.

Here is what investors are digesting.

Arena REIT stands out with earnings and distribution growth

Arena REIT reported a strong result for the six months to 31 December 2025, underpinned by contracted rental growth and development completions.

Net operating profit increased 9% to $39 million, while operating earnings rose to 9.70 cents per security, up 5.4% on the prior corresponding period. Statutory net profit came in at $110 million, reflecting valuation gains across the portfolio.

Arena declared an interim distribution of 9.625 cents per security, up 5.5% year on year, and reaffirmed full-year distribution guidance of 19.25 cents per security.

Portfolio fundamentals remain a key strength. Occupancy was 100%, with a weighted average lease expiry of 17.9 years. The trust recorded a portfolio valuation uplift of $61.2 million, taking total assets to $1.98 billion and net asset value per security to $3.64.

Dexus Industria REIT holds up as costs rise

Dexus Industria REIT delivered a resilient half-year result despite higher interest costs weighing on earnings.

Funds from operations declined slightly to $28.2 million, or 8.9 cents per security. Statutory net profit after tax (NPAT) fell to $43.4 million, reflecting lower valuation gains compared with the prior half.

The trust declared an interim distribution of 8.3 cents per security and reaffirmed full-year guidance of 16.6 cents per security. FY26 funds from operations guidance was slightly upgraded to between 17.3 and 17.4 cents per security.

Portfolio metrics remained solid, with occupancy at 99.7% and a weighted average lease expiry of 5.3 years. Net tangible assets increased 5.1% to $3.39 per security, supported by a $14.8 million uplift in portfolio valuations.

Dexus Convenience Retail REIT focuses on steady income

Dexus Convenience Retail REIT reported a steady result for the half-year to 31 December 2025, reflecting the defensive nature of its convenience-based retail portfolio.

Funds from operations came in at $14.5 million, or 10.5 cents per security, supported by like for like income growth of 2.9% and average rent reviews of 3.1%. The trust declared an interim distribution of 10.45 cents per security.

Statutory net profit after tax (NPAT) rose to $35.8 million, up from $14.7 million in the prior corresponding period, driven by a $19.8 million valuation uplift. Net tangible assets increased 4.4% to $3.80 per security.

Portfolio occupancy remained high at 99.9%, with gearing of 29.8% at the lower end of the target range.

Foolish Takeaway

All 3 REITs delivered solid results that met expectations, but none provided a strong reason to be re-rated.

Arena continues to offer visible earnings and distribution growth, while Dexus Industria and Dexus Convenience Retail remain focused on stability.

The post Income investors are watching these 3 ASX REIT results. Here’s the details appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

A strong rally across the resources sector has lifted several heavyweight S&P/ASX 200 Index (ASX: XJO) shares over the past month. Higher commodity prices, solid operational updates and a busy reporting calendar have all helped sentiment.

Here are 3 ASX 200 shares that have stood out with impressive gains over the last 4 weeks.

Rio Tinto Ltd (ASX: RIO)

The Rio Tinto share price is up 1.40% today to $164.86 and has climbed more than 15% over the past month.

The world’s largest iron ore producer has benefited from firmer iron ore prices and renewed optimism around global infrastructure spending. Investors are also positioning ahead of Rio Tinto’s upcoming full-year results, which are due on 19 February.

Rio Tinto’s Pilbara iron ore operations remain a key strength, generating significant cash flow even in volatile markets. Meanwhile, exposure to copper, aluminium and lithium provides diversification as demand for electrification and energy transition metals continues to grow.

With a strong balance sheet, disciplined capital management and a history of very generous dividends, Rio Tinto remains a core income stock for many investors. The recent share price rally suggests the market is expecting a solid result later this month.

Evolution Mining Ltd (ASX: EVN)

Evolution Mining has delivered one of the strongest performances of the group.

The Evolution share price is up 8.21% today to $16.21 and has surged around 26% over the past month. The move follows the release of the company’s half-year results today, which impressed the market.

Evolution reported record half-year earnings, driven by higher gold prices, strong operating margins and disciplined cost control. Cash flow was a major highlight, allowing the company to declare a 20 cents per share fully franked interim dividend.

Gearing is now at low levels and multiple growth projects are underway. This has boosted confidence that Evolution can deliver strong returns even if gold prices ease from recent highs.

South32 Ltd (ASX: S32)

The South32 share price is up 0.87% today to $4.63 and has risen more than 20% over the past month.

The diversified miner has benefited from improving sentiment across base metals, particularly aluminium, copper and manganese. South32 also offers exposure to longer-term growth tailwinds from electrification and infrastructure spending.

Investors are now looking ahead to South32’s half-year results, which are expected to be released tomorrow. With commodity prices higher than a year ago and costs showing signs of stabilising, expectations are building for a solid update.

The company’s strong balance sheet and capital return potential have also helped underpin the recent rally.

The post These 3 ASX 200 shares have had a stellar month. Is there more upside to come? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) is 1.47% higher in early afternoon trade on Wednesday. The latest uptick has dragged the index 3.09% higher for the year to date. But there are some ASX 200 growth shares that I have my eye on, and they’ve all outpaced the index already so far this year.

AGL Energy Limited (ASX: AGL)

AGL shares have rocketed higher today, up 9.32% to $9.68 at the time of writing. The gas and electricity provider’s shares have been pushed higher by the company’s solid first-half result, posted this morning.

AGL reported flat underlying EBITDA and a 6% decline in underlying net profit after tax. Investors were most excited by the company’s revised FY26 guidance figures. AGL now expects full-year underlying EBITDA of $2.02 billion to $2.18 billion. Previously, the range was $1.92 billion to $2.22 billion.

Its underlying net profit guidance was also tightened to $580 million to $680 million, from a much wider range of $500 million to $700 million.

Analysts expect a lot more from the ASX 200 energy shares this year. Data shows 7 out of 9 analysts have a buy or strong buy rating and a maximum target price of $12.72. After today’s price surge, it now implies a 31.92% upside at the time of writing.

Bellevue Gold Ltd (ASX: BGL)

The ASX 200 gold company’s shares are 5.56% higher today, at $1.84 a piece. There has been no price-sensitive news out of the company today, so the latest uptick is likely off the back of renewed interest in gold stocks as the sector gains momentum. 

The gold producer released its quarterly results last month, announcing a 10% quarter-on-quarter increase in gold production and confirming FY26 production guidance of 130,000 to 150,000 ounces of gold.

The majority of analysts have a strong buy rating on the stock with a target price of $2.60. That implies a 40.54% upside at the time of writing.

Eagers Automotive Ltd (ASX: APE)

Eagers shares are 0.96% higher at the time of writing today, at $26.18 a piece. For the year to date, the ASX 200 auto retailers’ shares are 6.21% higher, and they’re up a whopping 106.96% for the year.

The company has a diversified earnings base and operates the majority of BYD dealerships in Australia. This gives it exposure to the rapidly expanding EV sector. It also announced acquisition of a 65% stake in Canada’s largest auto dealerships late last year.

Analysts think there is more upside to come, too. Half of analysts have a buy or strong buy rating, and the maximum target price is $35.90 a piece. That implies a 36.97% upside at the time of writing.

The post These 3 ASX 200 shares could climb 30% (or higher) in 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Eagers Automotive Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.