UBS lifts Wesfarmers stock rating, raises price target to AUD76
UBS analyst Shaun Cousins upgraded Wesfarmers Ltd. (WES:AU) (OTC: WFAFF) stock from Sell to Neutral and raised the company's price target from AUD69.00 to AUD76.00. The revision reflects a more ...
Why Wesfarmers shares just got a 10% upgrade from UBS
Noting that it expects Bunnings to rebound from its post-COVID hangover, the broker upgraded Wesfarmers shares to a neutral ...
UBS upgrades Wesfarmers Limited (WFAFF) to a Hold
Wesfarmers Limited (WFAFF – Research Report) received a Hold rating and a A$76.00 price target from UBS analyst Shaun Cousins today. The ...
Solid Outlook as Rent Growth to Offset Rising Costs of Debt and Vacancies
Shareholder distributions are appropriate. BWP pays out 100% of distributable profit. This is maintainable as the trust has conservative gearing. Gearing (debt/assets) is at the low end of ...
Analysts Offer Insights on Consumer Cyclical Companies: Mohawk (MHK) and Wesfarmers Limited (OtherWFAFF)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Mohawk (MHK – Research Report) and ...
Investopedia16d
9 Biggest Software Companies
MSFT, ORCL, and CRM lead the 9 biggest software companies list Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency ...
Catch marketplace investigation
Business marketplace Catch will be closed by owner Wesfarmers because of strong competition from cheap sites Temu and Amazon. Here's how people are reacting on LinkedIn.
Investopedia18d
How to Analyze a Company's Financial Position
Sarinya Pinngam / EyeEm / Getty Images To understand and assign value to a company, analysts and investors examine its financial position by studying its financial statements and calculating ...
3BA19d
End of an Era With Online Aussie Retailer Catch Closing Down
Wesfarmers, the parent company of Kmart, Target, Bunnings, and Officeworks, has made the tough call to shut down their online store Catch for good as part of a cost-cutting move. Catch, originally ...
Mumbrella19d
‘We’re proud of the part we’ve played in their story’: Wesfarmers to close Catch, agency partners speak out
Wesfarmers is set to close operations of online retailer Catch.com.au later this year, due to an “increase in competitive intensity” in the e-commerce sector. Wesfarmers – which also owns ...
The Canberra Times20d
Wesfarmers closes popular online retailer Catch after $40 million loss
Major Australian online retailer Catch will shut down by April 30, 2025, with at least 190 jobs expected to be lost. Head of National Digital News desk for ACM mastheads. ACM's national digital ...
The Australian Financial Review20d
Wesfarmers to shut Catch amid stiff competition from Temu, Amazon
Wesfarmers’ hopes of growing a home-grown ... taxes and making it difficult for local retailers to compete. “Big companies overseas are getting a large slice of the retail market in Australia ...