Woolworths Group (OTCMKTS:WOLWF) Stock Price Down 0.6% – What’s Next?
by Renee Jackson · The Cerbat GemWoolworths Group Limited (OTCMKTS:WOLWF – Get Free Report) shares were down 0.6% on Friday . The stock traded as low as $26.50 and last traded at $26.50. Approximately 200 shares changed hands during trading, a decline of 67% from the average daily volume of 610 shares. The stock had previously closed at $26.66.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group started coverage on shares of Woolworths Group in a research note on Monday, January 19th. They set a “buy” rating and a $37.00 target price for the company. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Woolworths Group presently has an average rating of “Buy” and a consensus price target of $37.00.
View Our Latest Stock Report on WOLWF
Woolworths Group Stock Down 0.6%
The company’s fifty day moving average price is $22.90 and its 200-day moving average price is $20.26.
About Woolworths Group
Woolworths Group is one of Australia’s leading retail companies, operating a diversified portfolio of supermarket, liquor, and general merchandise banners. Founded in 1924 and headquartered in Bella Vista, New South Wales, the company grew from a single variety store into a national retailer with more than 1,000 Woolworths Supermarkets, Big W discount department stores, and an extensive network of convenience and Metro outlets across Australia and New Zealand. Its core supermarket segment offers fresh produce, meat, bakery, deli, seafood, and everyday grocery items, while its general merchandise arm provides clothing, home goods, electronics and seasonal products.
In addition to supermarkets and discount department stores, Woolworths Group operates several specialty liquor brands, including BWS, Dan Murphy’s and Cellarmasters, following the demerger of Endeavour Group in 2021.