Morgans adds Burson Group (ASX:BAP) to their High Conviction List

Morgans Financial Limited

Morgans Financial Limited

Senior Retail Analyst Jo Little tells us why she has added Burson Group (ASX: BAP) to the Morgans High Conviction List. Watch the video below for a full description of the three upcoming catalysts set to push the share price higher in the coming months: 1. They recently acquired Metcash Automotive, the cost synergies to come have not yet been fully explained to the market by the management. Expect an investor day later in the year to flesh these synergies out. 2. An expedition of the companies WA expansion. 3. 4-5% like for like sales growth and positioning that allows the company to pass on adverse currency impacts to mechanic customers.


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Morgans Financial Limited
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Morgans Financial Limited

Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.

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