While the VW situation may have undermined short-term market confidence about the motor retail sector, industry dynamics continue to favour the larger dealership groups. Vertu, with its strong balance sheet and proven ability to secure and improve acquisitions, has a potential that we suggest is not recognised in its current rating.
19 Oct 2015
Medium-term potential not recognised
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Medium-term potential not recognised
Vertu Motors PLC (VTU:LON) | 64.8 -0.4 (-0.9%) | Mkt Cap: 218.8m
- Published:
19 Oct 2015 - Author:
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While the VW situation may have undermined short-term market confidence about the motor retail sector, industry dynamics continue to favour the larger dealership groups. Vertu, with its strong balance sheet and proven ability to secure and improve acquisitions, has a potential that we suggest is not recognised in its current rating.