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    WES   AU000000WES1

WESFARMERS LIMITED

(WES)
  Report
Delayed Quote. Delayed Australian Stock Exchange - 01/28 12:10:08 am
52.74 AUD   +4.21%
01/27Santana minerals limited - rise and shine gold zones extended as drilling accelerates
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01/23Corporate Australia burdened by Omicron surge
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01/17Energy stocks boost Australian shares, miners cap gains
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SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Citi rates WES as Sell

11/09/2021 | 08:31pm EST

Citi lifts its target price for Wesfarmers to $50 from $49 following the scheme implementation deed with Australian Pharmaceutical Industries ((API)) at $1.55/ share, net of dividends declared.

The analyst feels the transaction is likely to go ahead and factors the new business into the broker's financial model. The Sell rating is retained on valuation.

Sector: Food & Staples Retailing.

Target price is $50.00.Current Price is $60.07. Difference: ($10.07) - (brackets indicate current price is over target). If WES meets the Citi target it will return approximately -20% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2021 Acquisdata Pty Ltd., source FN Arena

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED 2.34% 1.53 Delayed Quote.-11.56%
WESFARMERS LIMITED 4.21% 52.74 Delayed Quote.-11.06%
All news about WESFARMERS LIMITED
01/27Santana minerals limited - rise and shine gold zones extended as drilling accelerates
AQ
01/23Corporate Australia burdened by Omicron surge
RE
01/17Energy stocks boost Australian shares, miners cap gains
RE
01/16Australian shares inch higher on oil, tech boost; NZ dips
RE
01/16Australia's Wesfarmers flags lower first-half profit hurt by coronavirus curbs
RE
01/16Wesfarmers Sees 1st Half Kmart, Target Revenue Falling 10% on Covid Impacts
DJ
01/16Wesfarmers Limited Provides Preliminary Earnings Guidance for the Half Year Ended Decem..
CI
01/11Australia shares end lower as Omicron spreads, financials slide
RE
01/07Financials, energy stocks lead rebound in Australian shares
RE
01/07Woolworths Group Limited cancelled the acquisition of Australian Pharmaceutical Industr..
CI
More news
Analyst Recommendations on WESFARMERS LIMITED
More recommendations
Financials
Sales 2022 34 069 M 23 825 M 23 825 M
Net income 2022 2 214 M 1 548 M 1 548 M
Net Debt 2022 9 731 M 6 805 M 6 805 M
P/E ratio 2022 27,2x
Yield 2022 3,29%
Capitalization 59 815 M 41 834 M 41 828 M
EV / Sales 2022 2,04x
EV / Sales 2023 1,93x
Nbr of Employees 114 000
Free-Float -
Chart WESFARMERS LIMITED
Duration : Period :
Wesfarmers Limited Technical Analysis Chart | WES | AU000000WES1 | MarketScreener
Technical analysis trends WESFARMERS LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Last Close Price 52,74 AUD
Average target price 56,61 AUD
Spread / Average Target 7,34%
EPS Revisions
Managers and Directors
Robert Scott Chief Executive Officer, MD & Director
Anthony Gianotti Managing Director-Industrials
Michael Alfred Chaney Non-Executive Chairman
Vanessa Miscamble Wallace Independent Non-Executive Director
Jennifer Anne Westacott Independent Non-Executive Director