Latest news with #ColesGroup
Fashion United
27-05-2025
- Business
- Fashion United
Marks & Spencer appoints Thinus Keeve to new retail director role
British department store Marks & Spencer has appointed Thinus Keeve to the newly created role of retail director. Keeve will take up the position from June 6, after which he will report to operations director Sacha Berendij. Keeve is relocating to the UK from Australia, where he had served in a number of senior roles at various companies. He most recently held the position of chief executive officer and managing director of beauty company BWX, which he took up after serving for almost 13 years at Australian supermarket chain Coles Group. His appointment was announced by Marks & Spencer's chief executive officer, Steve Machin, in a post on LinkedIn. Here, Machin said that Keeve will be tasked with overseeing all of the retailer's stores in the UK and Republic of Ireland, as well as holding responsibility for central store operations. Machin added: 'Like all new senior leaders, Thinus will spend his first month working in stores getting close to colleagues and close to customers. Following this, to ensure stores remain at the very heart of our decision-making across Marks & Spencer, in July he will also join our ExCo team.' Upon Keeve joining, Berendij will continue to have overall accountability for retail, property, security and business continuity. The operations director is further responsible for accelerating the company's store rotation programme, Machin noted.
Business Insider
05-05-2025
- Business
- Business Insider
Goldman Sachs Reaffirms Their Hold Rating on Coles Group (CLEGF)
Goldman Sachs analyst Lisa Deng maintained a Hold rating on Coles Group (CLEGF – Research Report) on May 1 and set a price target of A$19.00. The company's shares closed last Thursday at $14.85. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Deng covers the Consumer Cyclical sector, focusing on stocks such as Breville Group , Domino's Pizza Enterprises Limited, and Flight Centre Travel Group Limited. According to TipRanks, Deng has an average return of -2.9% and a 41.57% success rate on recommended stocks. Currently, the analyst consensus on Coles Group is a Moderate Buy with an average price target of $13.69, representing a -7.81% downside. In a report released on May 1, Morgans also maintained a Hold rating on the stock with a A$20.95 price target.
Business Insider
05-05-2025
- Business
- Business Insider
Analysts Offer Insights on Consumer Goods Companies: Coles Group (OtherCLEGF) and Treasury Wine Estates Limited (OtherTSRYF)
Analysts fell to the sidelines weighing in on Coles Group (CLEGF – Research Report) and Treasury Wine Estates Limited (TSRYF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Coles Group (CLEGF) Jarden analyst Ben Gilbert maintained a Hold rating on Coles Group on April 30 and set a price target of A$20.60. The company's shares closed last Thursday at $14.85. According to Gilbert is ranked 0 out of 5 stars with an average return of -9.0% and a 34.2% success rate. Gilbert covers the NA sector, focusing on stocks such as Corporate Travel Management Limited, Domino's Pizza Enterprises Limited, and Flight Centre Travel Group Limited. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coles Group with a $13.69 average price target, which is a -7.8% downside from current levels. In a report issued on April 30, Bell Potter also maintained a Hold rating on the stock with a A$22.10 price target. Treasury Wine Estates Limited (TSRYF) In a report released today, Sam Teeger from Citi maintained a Hold rating on Treasury Wine Estates Limited, with a price target of A$10.50. The company's shares closed last Monday at $4.90. According to Teeger is a 4-star analyst with an average return of 2.8% and a 43.2% success rate. Teeger covers the NA sector, focusing on stocks such as Domino's Pizza Enterprises Limited, G.U.D. Holdings, and ARB Corporation.
Business Insider
01-05-2025
- Business
- Business Insider
Coles Group (CLEGF) Receives a Buy from Macquarie
In a report released today, Caleb Wheatley from Macquarie maintained a Buy rating on Coles Group (CLEGF – Research Report), with a price target of A$23.10. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Wheatley is a 2-star analyst with an average return of 1.2% and a 53.33% success rate. In addition to Macquarie, Coles Group also received a Buy from Citi's Adrian Lemme in a report issued yesterday. However, on the same day, Bell Potter maintained a Hold rating on Coles Group (Other OTC: CLEGF). CLEGF market cap is currently $18.43B and has a P/E ratio of 20.52.
Business Insider
01-05-2025
- Business
- Business Insider
Coles Group (CLEGF) Receives a Hold from Bell Potter
In a report released today, Jonathan Snape from Bell Potter maintained a Hold rating on Coles Group (CLEGF – Research Report), with a price target of A$22.10. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Snape is an analyst with an average return of -6.5% and a 29.51% success rate. Snape covers the Consumer Defensive sector, focusing on stocks such as Select Harvests, a2 Milk Company, and Coles Group. Currently, the analyst consensus on Coles Group is a Moderate Buy with an average price target of $13.39. Based on Coles Group's latest earnings release for the quarter ending January 5, the company reported a quarterly revenue of $23.11 billion and a net profit of $576 million. In comparison, last year the company earned a revenue of $22.27 billion and had a net profit of $589 million
