Coles Group Ltd. (CLEGF – Research Report) received a Buy rating and a A$18.25 price target from UBS analyst Shaun Cousins today. The company’s shares closed last Thursday at $8.57.
According to TipRanks, Cousins is a 4-star analyst with an average return of 6.1% and a 55.91% success rate. Cousins covers the Consumer Defensive sector, focusing on stocks such as Coles Group Ltd., Treasury Wine Estates Limited, and Woolworths Group Ltd.
Coles Group Ltd. has an analyst consensus of Hold, with a price target consensus of $10.93.
CLEGF market cap is currently $14.06B and has a P/E ratio of 18.82.
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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.
