Woolworths Group Limited (OTCMKTS:WOLWF – Get Free Report)’s share price shot up 12% during trading on Thursday . The stock traded as high as $18.53 and last traded at $18.53. 833 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 1,443 shares. The stock had previously closed at $16.55.
Analysts Set New Price Targets
Separately, Royal Bank of Canada started coverage on Woolworths Group in a research note on Tuesday, March 4th. They issued a “sector perform” rating and a $31.00 target price on the stock.
View Our Latest Stock Report on Woolworths Group
Woolworths Group Stock Performance
About Woolworths Group
Woolworths Group Limited operates retail stores in Australia and New Zealand. 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. The Australian B2B segment engages in procurement and distribution of food and related products for resale to other businesses, as well as provision of supply chain services to business customers in Australia.
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