Morgans Sticks to Their Hold Rating for Wesfarmers Limited (WFAFF)
In a report released today, Alexander Lu from Morgans maintained a Hold rating on Wesfarmers Limited (WFAFF – Research Report), with a price target of A$75.80. The company's shares closed last Wednesday at $44.70.
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According to TipRanks, Lu is ranked #2903 out of 9536 analysts.
Currently, the analyst consensus on Wesfarmers Limited is a Moderate Sell with an average price target of $46.56, representing a 4.16% upside. In a report released on May 23, Jefferies also maintained a Hold rating on the stock with a A$74.00 price target.
The company has a one-year high of $56.39 and a one-year low of $39.00. Currently, Wesfarmers Limited has an average volume of 1,155.
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