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CarTrade Tech share price target: UBS bets on OLX India’s five-year growth, sees 34% upside - here's why
Source: Livemint — Markets · 2 hr ago
Summary
UBS keeps a Buy rating on CarTrade Tech and sets a price target of ₹4,000. The firm expects the company’s growth to be driven by OL X India’s expansion in areas such as buyer subscriptions, dealer collaborations, financing services, logistics, escrow and advertising. This outlook suggests a potential upside of about 34 %.
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From the original report
UBS maintains a Buy rating on CarTrade Tech with a ₹4,000 price target, citing OLX India’s potential to grow through buyer subscriptions, dealer partnerships, financing, logistics, escrow and advertising.
Excerpt from Livemint — Markets.
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