Jefferies analyst Michael Simotas maintained a Hold rating on Coles Group Ltd. (CLEGF – Research Report) yesterday and set a price target of A$16.50. The company’s shares closed last Friday at $10.10.
Simotas covers the Consumer Defensive sector, focusing on stocks such as Coles Group Ltd., Metcash Limited, and Woolworths Group Ltd. According to TipRanks, Simotas has an average return of 6.7% and a 62.50% success rate on recommended stocks.
Currently, the analyst consensus on Coles Group Ltd. is a Hold with an average price target of $10.91.
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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 2,489.
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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.
