Woolworths Group Limited (OTCMKTS:WOLWF – Get Rating)’s share price traded up 7.6% during mid-day trading on Friday . The stock traded as high as $24.00 and last traded at $24.00. 500 shares changed hands during mid-day trading, an increase of 67% from the average session volume of 300 shares. The stock had previously closed at $22.30.
Analyst Ratings Changes
Separately, Morgan Stanley assumed coverage on shares of Woolworths Group in a report on Monday, November 7th. They issued an “underweight” rating for the company. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $37.00.
Woolworths Group Price Performance
The firm’s 50-day moving average is $22.89 and its 200 day moving average is $23.56.
Woolworths Group Company Profile
Woolworths Group Limited operates retail stores. It operates through Australian Food, Australian B2B, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. It operates 1,087 Woolworths supermarkets and Metro Food stores.
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