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Morgan Stanley Remains a Sell on Wesfarmers Limited (WFAFF)


Morgan Stanley Remains a Sell on Wesfarmers Limited (WFAFF)

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According to TipRanks, Baxter is an analyst with an average return of -7.2% and a 37.36% success rate. Baxter covers the Consumer Defensive sector, focusing on stocks such as Woolworths Group Ltd, Coles Group Ltd., and Treasury Wine Estates Limited.

Wesfarmers Limited has an analyst consensus of Strong Sell, with a price target consensus of $39.19.

The company has a one-year high of $54.56 and a one-year low of $36.69. Currently, Wesfarmers Limited has an average volume of 356.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WFAFF in relation to earlier this year.

TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.

Wesfarmers Ltd. provides fresh food, groceries, general merchandise, liquor, fuel and financial services. It engages in the operation of supermarkets; department stores; home improvement and office supplies; coal production and export; chemicals, energy and fertilizers; industrial and safety products. It operates through the following segments: Retail, Industrial and Other. The Retail segment engages in supermarket, liquor retailer including a hotel portfolio; retail of fuel and operation of convenience stores; retailer of building material and home and garden improvement products; and retailer & supplier of office products and solutions for home, small-to-medium size businesses and education. The Industrial segment engages in coal mining and development; supplier and distributor of maintenance, repair and operating products; specialized supplier and distributor of industrial safety products and services; and manufacturer and marketing of chemicals for industry, mining and mineral processing. The Other segment includes forest products, property, investment banking, private equity investment, and corporate. The company was founded in 1914 and is headquartered in Perth, Australia.

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