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Bell Potter Sticks to Its Hold Rating for Woolworths Group Ltd (WOLWF)

Bell Potter Sticks to Its Hold Rating for Woolworths Group Ltd (WOLWF)

Bell Potter analyst Jonathan Snape maintained a Hold rating on Woolworths Group Ltd (WOLWF – Research Report) today and set a price target of A$31.85. The company's shares closed last Monday at $20.20.
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Snape covers the Consumer Defensive sector, focusing on stocks such as Select Harvests, Woolworths Group Ltd, and a2 Milk Company. According to TipRanks, Snape has an average return of -6.5% and a 29.51% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woolworths Group Ltd with a $20.76 average price target, which is a 2.77% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a A$33.00 price target.
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