Woolworths Rating Reiterated by UBS AG (WOW)
Woolworths (ASX:WOW)‘s stock had its “neutral” rating reiterated by stock analysts at UBS AG in a report issued on Sunday, American Banking News reports.
Woolworths (ASX:WOW) traded up 0.12% during mid-day trading on Friday, hitting A$33.570. 1,888,881 shares of the company’s stock traded hands. Woolworths has a 52 week low of A$25.7882 and a 52 week high of A$36.840. The stock’s 50-day moving average is A$34.88 and its 200-day moving average is A$31.88. The company has a market cap of A$41.624 billion and a P/E ratio of 20.66.
A number of other analysts have also recently weighed in on WOW. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Woolworths in a research note to investors on Wednesday, August 14th. Separately, analysts at Bank of America Corp. reiterated an “underperform” rating on shares of Woolworths in a research note to investors on Tuesday, August 6th. They now have a $139.00 price target on the stock.
Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of A$53.19 ($47.92).
Woolworths Limited is an Australia-based company. The Company’s segments include Retail Operations and Hotels segments.
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