05-05-2025
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.
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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.
