Aegis Logistics shares volatile amid Tristar Group acquisition news
after close1 source ↓written by the desknot a recommendation
- Tristar Group
- $1.5 billion
- target price
- ₹1,670
- from the last
- 22% upside
Shares of Aegis Logistics were volatile on 19 Aug after closing 6% higher previously. The stock reacted to reports of an acquisition of UAE-based Tristar Group for $1.5 billion. JPMorgan maintains an "overweight" rating with a target price of ₹1,670, indicating a 22% upside from the last close.
Not investment advice. For informational purposes only.