JPMorgan Chase Reiterates Overweight on Woolworths (WOW)
Woolworths (ASX: WOW)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase in a report released on Friday. They currently have a $32.55 (31 AUD) target price on the stock.
Woolworths traded up 1.41% on Friday, hitting A$31.610. Woolworths has a 52-week low of A$23.210 and a 52-week high of A$30.880. The stock’s 50-day moving average is currently A$29.07. The company has a market cap of A$38.853 billion and a price-to-earnings ratio of 21.08.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Woolworths in a research note to investors on Monday. They now have a $26.79 price target on the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Woolworths in a research note to investors on Monday, November 5th. They now have a $31.96 price target on the stock.
Woolworths Limited is an Australia-based company. The Company’s segments include Retail Operations and Hotels segments.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.