Westfield Group Rating Increased to Buy at Credit Agricole (WDC)
Westfield Group (ASX:WDC) was upgraded by investment analysts at Credit Agricole to a “buy” rating in a note issued to investors on Thursday, American Banking News.com reports. The firm currently has a $3.52 target price on the stock.
Shares of Westfield Group (ASX:WDC) traded down 2.75% on Thursday, hitting A$9.900. The stock had a trading volume of 3,431,061 shares. Westfield Group has a 1-year low of A$9.670 and a 1-year high of A$12.550. The stock’s 50-day moving average is A$10.21 and its 200-day moving average is A$10.84. The company has a market cap of A$21.408 billion and a price-to-earnings ratio of 15.91.
Westfield Group is engaged in ownership, development, design, construction, funds/asset management, leasing and marketing activities undertaken with respect to its global portfolio of retail properties.
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