Jarden analyst Ben Gilbert maintained a Buy rating on Woolworths Group Ltd (WOLWF – Research Report) today and set a price target of A$39.90. The company’s shares closed last Wednesday at $20.00.
According to TipRanks, Gilbert is an analyst with an average return of -4.9% and a 36.90% success rate. Gilbert covers the Consumer Defensive sector, focusing on stocks such as Treasury Wine Estates Limited, Woolworths Group Ltd, and Coles Group Ltd..
The word on The Street in general, suggests a Hold analyst consensus rating for Woolworths Group Ltd with a $22.42 average price target, implying a 12.10% upside from current levels. In a report released on May 3, Macquarie also maintained a Buy rating on the stock with a A$35.00 price target.
The company has a one-year high of $27.55 and a one-year low of $19.62. Currently, Woolworths Group Ltd has an average volume of 1,550.
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Woolworths Group Ltd (WOLWF) Company Description:
Woolworths Group Ltd. engages in the operation of general merchandise consumer stores and supermarkets in Australia, New Zealand and India. It operates through the following business segments: Australian Food, New Zealand Food, Endeavour Drinks, BIG W, and Hotels. The Australian Food segment procures food and liquor and products for resale to customers in Australia. The New Zealand Food segment acquires food, liquor, and products for resale to customers in New Zealand. The Endeavour Drinks segment resells drinks to customers in Australia. The BIG W segment handles the acquisition of genrel merchandise products for resale in Australia. The Hotels segment provides leisure and hospitality services including food and drinks, accommodation, entertainment and gaming in Australia. The company was founded on December 5, 1924 and is headquartered in Sydney, Australia.
Read More on WOLWF:
- Australian Stocks: Here’s What You Need to Know About Woolworths’ (WOW) Dividends
- Woolworths Group Ends Major Stake in Endeavour Group
- Australian Stocks: Woolworths’ (WOW) Q3 Sales Fail to Impress Investors
- Australian Stocks: Woolworths (WOW) to Offload 5% Stake in Endeavour
- Woolworths Group Partially Divests Endeavour Stake
