Ord Minnett retains a $25 target for CAR Group, formerly known as Carsales.com, and remains constructive on the group's overseas expansions. The name change was effective from November 3 following shareholder approval at the AGM.

The Lighten rating is retained on valuation. 

Sector: Software & Services.

Target price is $25.00.Current Price is $28.76. Difference: ($3.76) - (brackets indicate current price is over target). If CAR meets the Ord Minnett target it will return approximately -15% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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