In a report released today, Shaun Cousins from UBS maintained a Hold rating on Coles Group Ltd. (CLEGF – Research Report), with a price target of A$16.50. The company’s shares closed last Friday at $9.61.
Cousins covers the Consumer Defensive sector, focusing on stocks such as Treasury Wine Estates Limited, Coles Group Ltd., and Woolworths Group Ltd. According to TipRanks, Cousins has an average return of 4.8% and a 51.89% success rate on recommended stocks.
Coles Group Ltd. has an analyst consensus of Moderate Sell, with a price target consensus of $10.17, which is a 5.81% upside from current levels. In a report released on October 13, Jefferies also maintained a Hold rating on the stock with a A$17.00 price target.
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The company has a one-year high of $15.13 and a one-year low of $7.70. Currently, Coles Group Ltd. has an average volume of 1,242.
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Coles Group Ltd. (CLEGF) Company Description:
Coles Group Ltd. engages in the operation of supermarkets and retail stores. Its businesses include coles supermarkets, coles online, coles liquor, coles express, flybuys, coles financial services and spirit hotels. The company was founded in 1914 and is headquartered in Melbourne, Australia.
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